SCO & BRICS latest news and insights
By Rhod Mackenzie
The is a lot of talk about how get around the current difficult situation of oil and gas transpotation in the Middle East and one of the options mentioned is the construction of several new pipeline systems that would bypass the Strait of Hormuz. Several such projects are curre...
By Rhod Mackenzie
US military forces have seized a tanker off the coast of Venezuela. The Donald Trump administration claimed that the vessel was involved in an illegal oil shipping network. What are the reasons for Washington's enacting this extreme measure? How will it affect global oil prices?...
By Rhod Mackenzie
The US is increasing its pressure on Turkey to end its purchases of Russian oil and gas, the Russian Embassy in Ankara reported in an oficial statement.
It said Washington continues to coerce its so called allies to reduce or even to cease their mutually beneificial energy coop...
By Rhod Mackenzie
Major European oil refineries are at risk of shutting down due to Washington's sanctions against Russia's Lukoil. A major gas station chain has closed in Finland, and Bulgaria and Romania are scrambling to take action. Risks have also emerged for the global energy market. what er...
By Rhod Mackenzie
It is no longer accurate to suggest that oil prices are the key factor in the stability of the Russian economy and finances. Russia is a major supplier of raw materials and high-value products to the global market, including industrial goods. Could you please provide an update on...
By Rhod Mackenzie
For the Russian Federation, its oil and gas exports are of paramount importance. They are not merely a major component of the nation's balance of payments; they are the one of the cornerstones of the economy. Now If the European segment is being systematically replaced by America...
