By Rhod Mackenzie
The US administration is looking for ways to replenish the strategic oil reserves it emptied at the beginning of the year in an attempt to stabilize domestic gasoline prices. However, the expectation that oil prices would fall by the middle of the year did not materialize. It now...
By Rhod Mackenzie
Moscow's strategy of diversified raw materials sales helped Russia overcome Western sanctions, putting an end to attempts to deprive it of capital inflows. This is according to the French magazine La Nouvelle Tribune (LNT).
Referring to the report of the International Energy Ag...
By Olga Samofalova
The final point in the rupture of gas relations between Russia and the EU that have enduredsince the 1960s will be symbolically take place in a year and a half, when the transit contract ends. Ukraine does not intend to negotiate with Russia to extend the gas transit contract. U...
By Ilya Tsukanov
The Global South, a broad, loose collection of nations including most of Africa, Asia and Latin America, emerged from the depths of academic obscurity to demonstrate their power amid the crisis in Ukraine by refusing to bend to Western wealthy countries’ will. How is the Global So...
By Vera Krasnova
In Veliky Novgorod, Acron opened the second stage of a complex for the production of granulated urea, the most concentrated nitrogen fertilizer. The capacity of the line will be 700 thousand tons per year, and together with the first stage launched in 2021, 1.4 million tons. Takin...
By Sergei Manukov
The slow growth of the Chinese economy in recent times has greatly disappointed the markets. So to try to restore the shattered confidence, the Chinese authorities have decided to fight the weak yuan by fixing the rate for the controlled currency. The main Chinese bank - People's...