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Russia's Oil Industry Reels from Sanctions, Flooding Markets with Discounted Crude

Thursday, February 12, 2026 at 4:00 AM

Oil Prices Russia Oil Industry Ship Seizures Western Sanctions

The article discusses the challenges facing Russia's oil industry due to Western sanctions, ship seizures, and low prices, highlighting the significant discount of Urals crude compared to Brent.

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Sanctions, Ship Seizures and Low Prices Squeeze Russia’s Oil Industrywsj.com

Sanctions, ship seizures and low prices squeeze Russia’s oil industry - Mintlivemint.com

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