oil revenues
Coverage of oil revenues in the Nexus archive.
- EU Moves to Ban Entry for Russian Troops
The European Commission proposed a 21st sanctions package against Russia, including an EU-wide entry ban for individuals who served in Russia’s armed forces against Ukraine. The measures also target Russia’s oil revenues, shadow fleet, banks, crypto networks, trade sectors, and fishing industry.
- How the US naval blockade has bled Iran of nearly $6bn in oil revenues
The US naval blockade has caused Iran to lose nearly $6 billion in oil revenues, with the country now exporting less than one-sixth of its previous oil shipments since the war began.
- Kallas Says Ukraine’s Deep Strikes Are Causing ‘Panic’ in the Kremlin
EU foreign policy chief Kaja Kallas stated that Ukraine’s deep strikes inside Russia are causing panic in the Kremlin, leading Moscow to escalate attacks on Ukrainian civilians. Kallas emphasized targeting Russia’s oil revenues and military industry through sanctions while increasing support for Kyiv.
- Is Iran’s economy buckling under war pressure or holding up?
The Iran war has exacerbated damage to Iran's economy, which was already struggling under U.S. and international sanctions. However, oil revenues have provided a critical financial buffer to mitigate some of the economic strain.