Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Table of Contents Russia and Ukraine Reject Gas Transit Deal, Sparking European Energy Crisis Russia-Ukraine Transit Deal Collapse: Europe Faces Winter Energy Crunch Understanding the Breakdown Immediate Impact on Energy Markets Securing Alternative Supplies Broader Geopolitical Implications The end of a crucial gas transit … Read more
They’ve been enjoying “hidden” for the final month in Laconian Gulf tankers making an attempt to switch Russian oil from ship to ship with a view to keep away from worldwide sanctions. Tankers carrying Russian crude oil strategy different ships on which they offload the oil, which is often destined for international locations within the … Read more
Russian oil exceeded the $60 price limitset by the G-7 countries, and last month its price exceeded 64 dollars per barrel. Thanks to this, Russia received a record profit for 8 months from the export of oil – 15.3 billion dollars. This was reported by the “Bloomberg” agency. “The price of seaborne deliveries of Russian … Read more
Oil prices are on the rise as fears of a debt default by Washington fade, a rise accompanied by caution resulting from inflation not falling as quickly as required. Oil prices are rising as fears of America’s debt repayment fade away International oil prices rose during trading today, Friday, after declining by more than 1% … Read more
Amid the ongoing geopolitical turmoil between Russia and Ukraine, and China’s growing nexus with Pakistan, India finds itself in a precarious position. With a complex web of alliances and relationships to navigate, India’s foreign policy strategy is closely watched by regional and global players. This article dives into the concept of “Geopolitical Jalebi” as a … Read more
Jakarta – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has met the Russian economy minister. During the meeting, Luhut questioned the offer to buy oil given to Indonesia. Luhut admitted that he had gone to Russia to process oil purchases from that country. “I came from the minister of economy from Russia, … Read more
Jakarta, CNBC Indonesia – The Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Pandjaitan expressed his frustration with the planned purchase of crude oil from Russia. The reason is, until now this plan has never been realized. He said this during a meeting with the Minister of Economy of Russia. Luhut was … Read more
Jakarta, CNBC Indonesia – On Tuesday (27/12/2022) President Vladimir Putin provided Russia’s long-awaited response to the oil price cap set by Western countries. Reported by ReutersPutin signed a decree banning the supply of crude oil and petroleum products from February 1 for 5 months to countries that comply with the restrictions. The G7 group, the … Read more
Signed by the Russian president Vladimir Putin A presidential decree, on special measures against the background of the imposition of a ceiling on Russian oil prices by a number of countries, according to which it is forbidden to supply oil and petroleum products from Russia. And according to the decree of the head of state, … Read more
Brent crude rose 41 cents, or 0.5%, to $84.33 a barrel, while US West Texas Intermediate crude fell three cents, to $79.53 a barrel. Both benchmarks hit their highest levels since December 5 at the start of the session Oil prices stabilized after hitting a three-week high on Tuesday as the restart of some US … Read more