logo
Russian Oil Delivery Takes Seven Times Longer After Sanctions

Russian Oil Delivery Takes Seven Times Longer After Sanctions

Bloomberg14-03-2025

The delivery of a two-million-barrel cargo of Russian oil to China took seven times longer than it would have done prior to a round of US sanctions imposed on Moscow back in January.
The drawn out delivery of Sokol crude from Russia's Sakhalin 1 project into Chinese storage tanks shows how US sanctions continue to disrupt and impede — but importantly not halt — the flow of Russian oil.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CEA Opens Shanghai–Auckland–Buenos Aires "New International Land-Sea Trade Corridor" to First Bridge China and South America
CEA Opens Shanghai–Auckland–Buenos Aires "New International Land-Sea Trade Corridor" to First Bridge China and South America

Business Wire

time8 minutes ago

  • Business Wire

CEA Opens Shanghai–Auckland–Buenos Aires "New International Land-Sea Trade Corridor" to First Bridge China and South America

SHANGHAI--(BUSINESS WIRE)--On June 18, 2025, China Eastern Airlines (CEA) and Auckland Airport signed a cooperation agreement in Shanghai. According to the plan, CEA will launch commercial flights in December 2025 from Shanghai Pudong International Airport to Ministro Pistarini International Airport via Auckland Airport. The signing ceremony was attended by government officials, corporate representatives, and heads from relevant departments. New Zealand's Prime Minister Christopher Luxon highlighted that the new route will enhance global connectivity by linking Auckland with the dynamic economies of Asia and South America. He also announced that New Zealand will implement a visa-free transit policy for Chinese travelers passing through Auckland. Since the opening of the route to Auckland in 2014, CEA has shown strong growth. Chairman Wang Zhiqing stated that the airline will leverage its Shanghai hub to accelerate the construction of its global route network. The new route will serve as a vital bridge among New Zealand, China, the Asia-Pacific region, and South America, supporting the Belt and Road Initiative. Auckland Airport expressed satisfaction with the imminent realization of the jointly envisioned " New International Land-Sea Trade Corridor". CEA, Auckland Airport's key partner and now the leading carrier on the China–New Zealand route, has maintained steady operations and consistently expanded capacity. The new service, to be operated twice weekly by Boeing 777, will be the only direct air link between Argentina and China, filling the gap in direct air services between the two nations. The "New International Land-Sea Trade Corridor" shortens travel time by 4–5 hours versus European or North American routes and offers direct flights, while also reducing jet lag—passengers only face a 4-hour time difference when transiting through Auckland, as opposed to 12 hours via traditional Western routes. CEA plans to apply for fifth freedom for this route, enabling passenger and cargo transport in Auckland, boosting economic, trade, and people-to-people exchanges among New Zealand, China, and Argentina. Currently, CEA operates flights from Auckland to both Shanghai Pudong and Hangzhou Xiaoshan. Following the new route launch, CEA will boost New Zealand–China capacity deployment, increasing Auckland–Shanghai flights from 7 to 9 weekly. Note: The new route remains subject to final regulatory approval.

The Latest: Trump muses about regime change in Iran after U.S. strikes on nuclear facilities
The Latest: Trump muses about regime change in Iran after U.S. strikes on nuclear facilities

Hamilton Spectator

time12 minutes ago

  • Hamilton Spectator

The Latest: Trump muses about regime change in Iran after U.S. strikes on nuclear facilities

Israel's military said Monday it was striking around Iran's western city of Kermanshah, as fears of a wider regional conflict loomed large after the United States inserted itself into Israel's war by attacking Iranian nuclear sites. The operation raised urgent questions about what remained of Tehran's nuclear program and how its weakened military might respond. The price of oil rose as financial markets reacted. Iran lashed out at the U.S. for crossing 'a very big red line' with its risky gambit to strike the three sites with missiles and 30,000-pound bunker-buster bombs . President Donald Trump, who has warned of additional strikes if Tehran retaliates against U.S. forces, has mused about the possibility of 'regime change ″ in Iran, despite administration officials earlier indicating they wanted to restart talks with Iran. U.S. Secretary of State Marco Rubio, in an interview with CBS, said: 'Let's meet directly.' Ali Akbar Velayati, an adviser to Iran's supreme leader, said any country used by the U.S. to strike Iran 'will be a legitimate target for our armed forces,' the state-run IRNA news agency reported. Tens of thousands of American troops are based in the Middle East. Here is the latest: North Korea condemns U.S. strikes on Iran North Korea says it 'strongly condemns' the U.S. attack on Iranian nuclear facilities, calling it an egregious violation of Iran's territorial integrity and security interests. North Korea's Foreign Ministry said in a statement Monday that the United States and Israel were escalating tensions in the Middle East through the use of military force, and called on the 'just-minded international community' to raise a unified voice against their 'confrontational behavior.' During his first term, U.S. President Donald Trump met North Korean leader Kim Jong Un three times in 2018 and 2019, but their diplomacy collapsed over disagreements in exchanging the release of U.S.-led sanctions against North Korea and the North's steps to wind down its nuclear and missile program. Kim has since accelerated his arms development while ignoring talk offers by Washington and Seoul. He has shifted the priority of his foreign policy to Russia, sending thousands of troops and huge shipments of military equipment to fuel Russian President Vladimir Putin's war on Ukraine. Trump claims 'monumental damage' inflicted on Iranian nuclear sites President Donald Trump asserted on his Truth Social platform that Iran's nuclear sites sustained 'monumental damage' in the American attack, though a U.S. assessment on the strikes is still underway. 'The biggest damage took place far below ground level. Bullseye!!!' he wrote. U.S. defense officials have said they are working to determine about just how much damage the strikes did. Iran as well has not said how much damage was done in the attack, though Tehran has not offered any details so far on the strikes it has faced from Israel in its war with that country. Iran likely filled in tunnels at nuclear sites ahead of U.S. strikes An analysis of satellite photos by a nuclear nonproliferation group based in Washington shows Iran likely filled in tunnels at its nuclear site at Isfahan ahead of U.S. strikes early Sunday. The Washington-based Institute for Science and International Security published satellite images taken by Airbus it assessed showed trucks dumping soil into tunnels at the site on Friday. The U.S. attack likely targeted the tunnel entries, the group said. 'At least three of the four tunnel entrances are collapsed,' it said. 'The status of the fourth one is unclear.' Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

Russian attacks on Ukraine kill at least 5 and injure over a dozen
Russian attacks on Ukraine kill at least 5 and injure over a dozen

San Francisco Chronicle​

time26 minutes ago

  • San Francisco Chronicle​

Russian attacks on Ukraine kill at least 5 and injure over a dozen

KYIV, Ukraine (AP) — A Russian drone and missile attack on Ukraine's capital overnight killed at least four people and injured others, according to Ukraine's emergency services, as rescue workers and firefighters sought to remove people they believed trapped under debris in a partially collapsed apartment building. The strikes came nearly a week after a combined Russian attack on Ukraine last Tuesday killed 28 people in Kyiv, 23 of them in a residential building that collapsed after sustaining a direct hit by a missile. Ukrainian President Volodymyr Zelenskyy called that attack one of the biggest bombardments of the war, now in its fourth year. In the early hours of Monday, drones and missiles hit residential areas, hospitals and sports infrastructure in numerous districts across Kyiv, emergency services said, with the most severe damage occurring in the Shevchenkivskyi district, where one section of a five-story apartment building collapsed. Four people were confirmed dead in the attack on the building while 10 others had been rescued, emergency services said, adding they believed others were still trapped beneath the debris. Another person was killed and eight injured in the city of Bila Tserkva in the Kyiv region, around 85 kilometers (53 miles) southwest of the capital.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store