A UC Davis study reveals that 89% of packaged foods claiming to use only avocado oil are adulterated with cheaper oils like soybean oil, despite consumers paying a premium. This widespread fraud, also found in bottled avocado oils, raises concerns about consumer trust and industry regulation.
Russia considers importing fuel and offering subsidies to mitigate supply disruptions caused by Ukrainian strikes on oil refineries, leading to restrictions, price hikes, and shortages across numerous regions.
The captain of a Russian shadow fleet oil tanker, Ajay Pant, an Indian national, was charged with breaching sanctions after his vessel was intercepted by British troops in the Channel. The MV Smyrtos was carrying 98,000 tonnes of oil from Russia.
The captain of a Russian shadow fleet vessel, Indian national Ajay Pant, has been remanded in custody after appearing in court charged with breaching sanctions. The tanker Smyrtos was intercepted by British troops in the English Channel.
Ukraine plans to increase military wages by one-third to 30,000 hryvnias and offer fixed-term contracts to boost recruitment. President Zelenskyy also aims to recruit more foreign volunteers. Meanwhile, Russia's Putin claims Ukrainian drone strikes aim to sow confusion and damage the economy, though he admits some economic damage.
OPEC clarifies that the common belief of huge gains for oil producers from price hikes is inaccurate. OECD countries earn significantly more from retail oil product sales than OPEC nations from crude exports, with taxes forming a large part of the final fuel price.
Japanese PM Sanae Takaichi is working to alleviate concerns over the supply of naphtha and other oil-related products, fearing public unrest and criticism if shortages occur. Despite government assurances of continued supply, some companies are changing product packaging due to naphtha-derived ink procurement issues, raising doubts about the official narrative.
A Ukrainian drone strike caused a major fire at the Tuapse oil refinery in Russia's Krasnodar region, leading to local evacuations. The facility had already suspended operations following a previous attack earlier in April.
An oil product spill of 10,000 square meters occurred in the Black Sea near Tuapse, Russia, after Ukrainian UAV forces attacked the marine terminal on April 16. Specialists deployed 750 meters of containment booms and five oil recovery devices. A new UAV attack on April 20 caused another fire, killing one person and injuring another.
