Watch this week's European Political Community meeting for possible news on further measures to constrain the shadow fleet. bloomberg.com/news/articles/… via Bloomberg Politics

meanwhile, the UK and Europe crackdown on 'Putin's fleet' with prominence given to tackling maritime sanctions evaders placing dark fleet at forefront of government foreign policy initiatives across UK & EU lloydslist.com/LL1149955/UK-l…

1/6 KSE Institute 🇺🇦 July Chartbook: “Stepping Up Economic Sanctions Is Urgently Needed To Constrain Russia.” Energy sanctions continue to face challenges, while Russia's economy and finances remain stable. Full Chartbook📕: bit.ly/4fh2a9t

Russia is lying about its economic strength: sanctions are working – and we need more | Eight European finance ministers theguardian.com/commentisfree/…

More from max seddon and Anastasia Stognei on Russia’s “fast-deteriorating business environment.” This time, it’s reverting to “warlord” mediation in asset grabs—never a healthy indicator. For 30 years, Russia’s prosperity relied heavily on access to the West: for abundant

What is the effect of the sanctions? KSE Institute 🇺🇦 reports that Russian oil sanctions have imposed estimated export losses of $78.5 billion between December 2022 and June 2024. This is significant. 2/ kse.ua/wp-content/upl…

Three Russian LNG tankers are being repaired in Europe and China at a time when Russia faces a shortage of gas carriers due to Western sanctions, according to LSEG (London Stock Exchange Group) data. The LNG tanker Vladimir Voronin has been in a port near the Danish city of #Odense since July 10 and the

We can now confirm that ASYA ENERGY (9216298) is loading LNG today at the sanctioned Russian terminal of Arctic LNG 2. The vessel follows suit of her sister ship PIONEER (9256602), which recently loaded at the same terminal while masking her whereabouts via AIS spoofing. #ONGT

1/ 🇷🇺 🚢 🕵️‍♀️ #Russia expands "shadow fleet" operation at #Arctic #LNG 2 to #condensate tanker! 🚢 🌑 OFAC-blacklisted tanker VASILY LANOVOY can be seen adjacent to GBS-1. H/t TankerTrackers.com, Inc. for identifying it! 🖼 : Planet.com

💴Before the invasion, Russia held $643B in international reserves, part of “Fortress Russia.” Now, $290B are immobilized due to sanctions on CBR and NWF, leaving Russia with $175B in gold and $101B in FX assets (mainly yuan). Details: bit.ly/4fh2a9t

As the Bloomberg piece notes, there is more than enough pipe capacity through Italy and Germany to supply Austria’s needs. So the “massive risk” here isn’t the result of infrastructure constraints. Rather, it looks like the result of foot dragging and lack of political will to

“Crisis”…”decline”…”decay.” The three most common words selected by Russian students in a government-commissioned survey to describe the state of Russia. x.com/msnegovaya/sta…

Dear The Wall Street Journal, this is not just misleading, it is plain wrong. Gas prices were falling before and after the attack. The peak of the crisis happened in August, when Russia cut off deliveries through Nordstream. The destruction of the pipelines did not affect gas supply.

The damage Putin has inflicted on Gazprom, Russia’s most strategically important company, is far more severe than many realize.

A massive fire at an oil depot in Proletarsk, Rostov region, has grown significantly, now covering an area of 10,000 m². The fire has been burning for three days, with 22 out of 70 fuel tanks engulfed in flames, twice as much as yesterday.

More signs of significant disruptions in Russia-China trade. Russian importers cannot pay in yuan because Chinese banks are afraid of US sanctions. This already led to a decline in the share of yuan in Russian import settlement. More in my latest substack: janiskluge.substack.com/p/friends-dont…

Gazprom is already struggling with $82 billion in debt. Power of Siberia 2 would mean adding tens of billions more for infrastructure that won’t generate any positive cash flows until the 2030s. And with funding costs now at 20%, the economics just don’t work.

Russia ramps-up effort to circumvent US sanctions on its LNG export plant 🇷🇺🚢 📈 A third "dark fleet" vessel appears to be heading to Arctic LNG 2 plant 🤫 Everest Energy at same spot other ships used to fake location, and managed by same Indian company bloomberg.com/news/articles/…

#Hungary's MOL Negotiates New Scheme for Russian Crude Oil Amid Kyiv's Pipeline Ban #oott #Russia devdiscourse.com/article/headli…

The cost of the war for Russia continues to rise. By my rough estimate, Russia spent RUB ~5.3 trillion on "defence" in the first half of 2024, or 36% more than in the first half of 2023. Secret spending (mostly arms procurement) is particularly high. 1/6