SCO & BRICS latest news and insights
By Olga Samofalova
India is promising to drastically cut its purchases of Russian oil as the price of Middle Eastern oil has become more attractive. It would be a major blow for Russia to lose such a large buyer, and particularly given the current sanctions. However, analysts are confident that...
By Vladimir Chernov
Germany, which having reduced its reliance on the purchase of pipeline gas from Russia, has now become dependent on Russian fertilizers. The rising energy prices have impacted the operation of the countries chemical enterprises and now Germany imports fertilisers rather than...
By Viktoria Panova
BRICS has received an impulse to make a real transition to a new, more just world order. The ability of the new BRICS to fully realize itself and fulfill the mission of the transition depends on how our descendants will remember the 21st century, writes Viktoria Panova.
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By Olga Samofalova
Ukraine has demanded that the US and Europe stop buying oil products by countries that use and process Russian oil like India despite the fact that Ukraine itself continues to earn revenue on the transportation of Russian oil. If the US and the EU listen to Kiev, then this wil...
By Sergey Manukov
It seems that Beijing's measures to support the Chinese economy are producing results. The decline in production in China eased somewhat in August. This, and the improved situation with new orders, gave the Chinese some reasons to hope that the main sector of the Chinese economy...
By Sergey Manukov
Russia supplied India with the lowest volume of oil in 7 months in August, according to Kpler and Refinitiv. This is partly due to the fact, writes Oil Price, that many Indian oil refineries (refineries), the main consumers of Russian Urals oil, have closed for scheduled maintena...
