A recent report by the Centre for Research on Energy and Clean Air (CREA) revealed that India imported 5.4 million tonnes of Russian oil worth €2.1 billion between January and September 2025 using 30 vessels sailing under false flags. This comprised the largest single national destination for crude transported by Russia’s “shadow fleet,” which is comprised of aged tankers operating in legal grey areas. The report indicated a concerning rise in the number of Russian vessels utilizing false flags, with 113 such vessels transporting 13% of all Russian crude oil during the first nine months of the year. CREA emphasized the need for global reforms, urging the EU and UK to address the environmental and security threats posed by these practices and to disrupt the logistics that support Russia’s war effort.
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The discount on Russian Urals crude versus Brent surged to $19.40 per barrel on November 10th, the highest in a year, according to Kommersant citing industry sources. This increase followed new US sanctions targeting Russian energy companies Lukoil and Rosneft. Previously, discounts had reached a peak of $31.90 per barrel in the second quarter of 2022. Key buyers like India and China are reportedly reducing Russian crude imports, and declines in exports have been the steepest since January 2024.
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OpenAI, faced with the immense energy demands of its AI models like Sora 2 and ChatGPT, has secured another major power deal. This agreement, totaling 10 gigawatts, reflects the significant energy consumption required to train and run large language models and video generators. The deal underscores the rapid growth of AI and the substantial infrastructure needed to support it. This ongoing expansion highlights the increasing pressure on energy resources as the field of artificial intelligence continues to advance.
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Ukraine and Japan have coordinated sanctions against the Russian Federation, targeting leaders and companies involved in supplying the Russian military. President Zelenskyy announced the synchronization and highlighted that Ukraine has implemented eight sanction packages since June, aligning with the US, Canada, the UK, Japan, and the EU. These sanctions, affecting 281 individuals and 633 legal entities, are part of a global effort to hold Russia accountable. Japan’s contribution includes a loan of over US$3 billion backed by frozen Russian assets, demonstrating further international support.
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Russia loses one million tons of fuel in September alone as strikes and sanctions converge, a staggering figure that highlights the complex challenges facing the Russian energy sector. It’s a situation that paints a picture of significant disruption, with a combination of factors contributing to this massive loss of fuel production.
The Ukrainian drone attacks on Russian oil refineries, specifically, are a key part of this story. While precise numbers are always tricky to pin down, with some news outlets claiming up to 38% of Russian oil refining capacity is offline, the situation isn’t quite that simple. Considering that Russia can refine 327 million tons of oil annually, or roughly 6.5 million barrels per day, the impact of these attacks, targeting 16 refineries, is significant.… Continue reading
President Volodymyr Zelenskyy recently addressed the nation, highlighting successful strikes against Russian logistics and fuel infrastructure. These targeted attacks have resulted in Russia importing petrol from various sources, including Asia and Belarus. Zelenskyy attributed these outcomes to the work of the Ukrainian Security Service, Armed Forces, intelligence agencies, and domestic weapons manufacturers. He also announced plans to increase long-range capabilities and prepare new sanctions in collaboration with international partners, specifically targeting individuals and companies supporting the Russian defense industry.
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In April 2020, Ukraine’s navy successfully used a modified R-360 Neptune anti-ship missile in a long-range strike against a Russian factory in Bryansk, targeting a facility specializing in electrical parts for military and aerospace components. The strike, conducted over a range of 240 km, suggests the use of the “Long Neptune” version, initially designed for naval targets but modified to hit land targets with an extended range. This follows a previous strike on an oil refinery in March and reflects Ukraine’s efforts to expand its homegrown long-range arsenal, reducing reliance on Western-provided weapons. The Neptune missile, based on the Soviet Kh-35 and manufactured by Luch Design Bureau, was revealed to have a significantly extended range compared to its original capabilities.
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In a significant breakthrough, France’s WEST tokamak achieved a sustained plasma for over 22 minutes, a crucial milestone for future nuclear fusion power plants. This surpasses the previous record held by China’s EAST, demonstrating improved operational stability. The achievement showcases researchers’ ability to maintain tough operating conditions without machine breakdown and highlights the importance of long, stable plasma operation. This progress, alongside other achievements like the JET facility’s energy output record, contributes to the development of reliable fusion energy. This research informs the operation of larger devices like ITER, advancing the technology from laboratory experiments to plant-relevant scenarios, while also prioritizing component durability and controlled fuel and exhaust management for safer operation.
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The European Commission, under pressure from the U.S. President, will propose an accelerated phase-out of Russian energy purchases, going beyond its initial plan to cease purchases by 2027. This announcement followed a phone call focused on increasing economic pressure on Russia. The Commission is also preparing to present a new sanctions package targeting Russia’s crypto, banks, and energy sectors. Meanwhile, the U.S. has been pushing for tougher sanctions, including tariffs on China and India, the leading buyers of Russian oil, in an attempt to push Russia to the negotiating table.
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John Q. Hosedrinker 
Matt Underwood