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By Billy Kavanagh

The BRICS have emerged as a powerful alliance of emerging-market economies over the course of the 21st century. Comprising Brazil, Russia, India, China, and South Africa as their acronym alludes to, the group has increasingly become the bricks and mortar which supports the global...

By Hasan Selim Özertem

Russia unilaterally withdrew from the grain deal on July 17. Following this decision, the Russian Defence Ministry stated, “In connection with the termination of the Black Sea Initiative and the end of the maritime humanitarian corridor…all ships proceeding to Ukrainian port...

By Gleb Baranov

On Wednesday, oil prices overcame resistance at the level of the peaks of April, reaching the highs for Brent since January, and for WTI since November. Fears of sluggish demand from China and rising inventories in the United States could not overcome the decline in supplies by Sau...

By Artem Egorov

Gas prices reacted sharply to a possible strike by Australian Chevron Corp. workers. and Woodside Energy Group Ltd. , which may affect the export of liquefied natural gas from the country. The exact timing of the strike has not yet been determined.

Asian buyers will be forced to...

By Roman Serov

The European countries, in whose ports thousands of tons of Russian fertilizers have been blocked for a year and a half, have not yet decided what to do next. After the Russia-Africa summit, where Russia decided to give these very necessary products to the "African Continent" free o...

By Tatyana Dyatel

Russian LNG exports to world markets in July fell by 11.2% yoy to around 2 million tons due to the scheduled repairs at the key LNG plants Yamal LNG and Sakhalin-2. The repair work was scaled back last year as the exporters wanted to take advantage of extremely high prices. The d...