The Latest Breaking News from ISAB

Flood of Russian crude heads to Asia after EU ban kicks in

Russia has all but ceased to be a supplier of crude oil to Europe.

The Times of India · Dec 14, 2022

Italy Imports More Russian Oil despite Impending Embargo

Even as the European Union decided to reduce Russian crude oil imports by 90% by the end of the year, Italy has become the only country in Europe to increase them, an unintended consequence of EU sanctions against Russia. Meant to punish Russia for invading Ukraine, the EU oil embargo…

Asharq Al-Awsat · Jun 1, 2022

Italy imports more Russian oil despite impending embargo

Italy has become the only country in Europe to increase Russian crude oil imports in an unintended consequence of European Union sanctions against Russia

The Independent UK · Jun 1, 2022