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Russian economy avoids recession and can fund war for two more years

The Russian economy has avoided recession thanks to high oil prices and fiscal stimulus, yet the Kremlin will be able to sustain the current pace of war for at least another two years. This is evidenced by estimates from Ukrainian economists, who…

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Hungary officially halts gas supplies to Ukraine — Orban’s condition

On March 25, Hungarian Prime Minister Viktor Orban publicly announced his decision to officially halt gas supplies to Ukraine. According to him, the only condition for resuming supplies is the resumption of Russian oil transit


Only after prices stabilize — Trump answered when he will return oil sanctions against Russia

The war in the Middle East has destabilized the world oil and gas market. US President Donald Trump said that restrictions on Russian oil can be restored only after the crisis in the world energy


The United States lifted sanctions against Russian oil, which is already on tankers

The US Treasury Department has officially announced a temporary easing of sanctions against Russian oil. Over the next 30 days, countries are allowed to buy Russian oil and oil products that have already been loaded


Maximum oil price could reach $215 per barrel – Wall Street Journal

U.S. oil futures after the biggest weekly gain in history rose as much as 20% in Sunday evening trading, topping $100 a barrel for the first time since the war in Europe that shook energy


Russia is drowning in oil, but there’s a catch

A critical shortage of storage capacity and a sharp decline in sales are putting the Russian oil industry in a difficult situation. Russia is approaching the depletion of oil storage capacity amid growing difficulties for