
Putin Asks Modi to Increase Gasoline Shipments to Russia Amidst Refining Lows
Russian oil companies have requested Indian refineries to increase gasoline deliveries to the Russian Federation, as Moscow has reached a 24-year low in refining capacity.
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Russian oil companies have requested Indian refineries to increase gasoline deliveries to the Russian Federation, as Moscow has reached a 24-year low in refining capacity.

Lithuanian President Gitanas Nausėda suggests that the European Union should not only quickly adopt its 20th sanctions package against Russia but also begin discussions for a 21st package, potentially including major Russian oil companies like Rosatom and Lukoil.

The conflict in Ukraine continues with intensified drone attacks by both sides, including Ukrainian strikes on Moscow and Russian drones hitting Chernihiv and a Chinese cargo ship. Ukraine also reports seizing battlefield initiative and conducting clearing operations.

Despite 19 sanction packages against Russia from the EU and new US sanctions against Russian oil companies, Western nations continue to refrain from sanctioning Russia's influential nuclear energy sector.
Russian oil companies have issued warnings of potential supply disruptions following drone attacks that have halted oil loadings at the Ust-Luga port since Wednesday and damaged Primorsk, another key Russian Baltic Sea port.

Shares of Russian companies, including Gazprom, Lukoil and Rosneft, have surged due to the Middle East war driving oil prices higher.