Production

EU targets Russia’s growing oil exports with new sanctions

Production remains resilient despite international efforts to limit the flow of hard currency revenues to Moscow

At sea: the oil tanker Minerva Symphony sailing with a cargo of Russian crude near the Black Sea port of Novorossiysk.
At sea: the oil tanker Minerva Symphony sailing with a cargo of Russian crude near the Black Sea port of Novorossiysk.Photo: AP/SCANPIX
  • Vladimir Afanasiev
European UnionRussiaUkraine CrisisEuropeWestern Europe
Published 6 October 2022, 12:32Updated 6 October 2022, 14:03