South Korea Calls on Gulf Countries to Ensure Energy Supply
South Korea has urged the Gulf states to ensure a continuous supply of energy resources and to enhance the security…
oil
Ukraine and the EU Prepare Laws for Confiscating Oil from Russia’s Shadow Fleet
Ukraine, together with the countries of the European Union, is actively working on legislative mechanisms that will not only allow…
Sanctions Reduce Russia’s Oil and Gas Revenues: Share in the Budget Declines
The Russian Federation is experiencing significant economic losses due to international sanctions, which negatively impact revenues from oil and gas…
US urges NATO allies to abandon Russian energy sources, India promised tariff reductions
The United States has intensified diplomatic pressure on NATO member countries, urging them to cease purchasing Russian energy sources amid…
EU prepares 19th sanctions package against Russia with restrictions on banks, oil, and crypto exchanges
The European Union is developing a new, 19th sanctions package against the Russian Federation aimed at increasing economic pressure to…
Trump Initiates Secondary Sanctions Against Russia and Its Shadow Fleet Starting August 8
On August 8, the United States plans to implement a new package of secondary sanctions targeting the Russian Federation and…
Trump Demands More Powers to Lift Sanctions Against Russia
President of the United States Donald Trump has expressed his readiness to sign a new bill regarding sanctions against the…
EU to Spend More on Russian Raw Materials than on Aid to Ukraine
In 2025, despite 17 sanctions packages from the European Union, Russia is expected to receive around $233 billion from the…
Hungary and Slovakia Oppose the Abandonment of Russian Gas
Hungary and Slovakia, as expected, opposed the REPowerEU initiative, which aims to stop the import of Russian energy resources by…
Trump Proposes 500% Tariff on Energy Resources from Russia for Allies
The U.S. Senate has supported a bill that proposes a 500% tariff on countries that import oil, gas, or uranium…