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Russia may develop oil sanctions workarounds as global supply rises, IEA says

Summary by The Globe & Mail

Russian crude production rose by around 100,000 barrels per day last month to 9.2 million bpd, the IEA said in a monthly report, even after its energy sector was struck with far-reaching sanctions

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Oil Price

IEA Sees Rising Supply as Russia Dodges Sanctions Once Again

Russia has increased oil production despite facing Western sanctions, highlighting the effectiveness of its workarounds to circumvent restrictions.

27 days ago·London, United Kingdom

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The Globe & Mail

Russia may develop oil sanctions workarounds as global supply rises, IEA says

Russian crude production rose by around 100,000 barrels per day last month to 9.2 million bpd, the IEA said in a monthly report, even after its energy sector was struck with far-reaching sanctions

27 days ago·Canada

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Financial Post

+2 Reposted by 2 other sources

IEA Sees Muted Effects of New Russia Sanctions Amid Workarounds

The International Energy Agency has lowered its outlook for Russia’s oil production this year by only a narrow margin even with sweeping western energy sanctions, a…

27 days ago·Canada

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Devdiscourse

Russia's Oil Resilience Amidst U.S. Sanctions: IEA Insights

Russia's Oil Resilience Amidst U.S. Sanctions: IEA Insights The International Energy Agency (IEA) has indicated that Russia might sustain its oil exports despite the latest U.S. sanctions, by utilizing strategic workarounds. The agency's forecast suggests that global oil supply growth will outpace demand this year, highlighting Russia's resilient production capabilities.The IEA reported a modest rise in Russian crude output, reaching 9.2 million…

27 days ago·India

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FXStreet

IEA Russian oil flows so far continue largely unaffected by latest US sanctions

In its monthly oil market report published on Thursday, the International Energy Agency (IEA) raised 2025 global oil demand growth forecast to 1.1 million barrels per day (bpd) from 1.05 million bpd..

27 days ago

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