SCO & BRICS latest news and insights
By Rhod Mackenzie
I will never understand the logic or the thinking of the EU It seems that the EU thinks that if your package of sanctions is a complete failure then just put together another package which is where we are at now after three years and almost 20 packages of sanctions.
The European...
By Rhod Mackenzie
Trumps tariff wars have caused havok with oil prices with the current oil price below $70 per barrel and this has caused US shale companies to start shutting down drilling rigs and cutting back on production because the current global oil price are rendering them completely unpr...
By Rhod Mackenzie
Russia's oil reserves are expected to last for only a further 26 years, according to the latest assessment given by the head of the Ministry of Natural Resources, Alexander Kozlov.
On initial observation, this figure appears to be of a frightning nature. Will Russia really run...
By Rhod Mackenzie
According to S&P Global, seaborne exports of Russian crude oil increased by more than 50% in April, reaching a 13-month high. In particular, oil tankers from G7 countries have been actively involved in transportation. Lets explore the reasons behind Western ships' increased invol...
By Rhod Mackenzie
Recently, the Estonian Navy, with the support of NATO aircraft, attempted to detain the tanker named the Jaguar which sails under the Gabonese flag in international waters. The vessel had left the Indian port of Sikka and was heading to the Russian Primorsk, not far from St. Pete...
By Rhod Mackenzie
It has ben reported by the Western media agencies that the BRICS founding India has made a decision to increase its oil supplies from the US to replace fellow BRICS member's Russian oil. However, industry analysts are confident that US oil will not be able to compete with Russia...
