SCO & BRICS latest news and insights
By Rhod Mackenzie
The EU reports a sharp fall in its dependence on Russian oil and gas, but the US share of its imports has risen sharply. How does this threaten Europe?
Eurostat reports that by the end of June 2023, dependence on oil from Russia will have fallen from 29.2 per cent to 2.3 per ce...
By Rhod Mackenzie
In 2023, Germany will significantly increase its imports of oil products from India. German companies import large quantities of gasoil, which can be produced from Russian oil.
"German imports of petroleum products from India increased twelvefold - from 37 million euros in the...
By Rhod Mackenzie
Russia, as the largest supplier of oil to India, has maintained this primacy since 2022, Igor Yushkov, an analyst at the Russian Financial University and at the National Energy Security Fund, told Izvestia on September 8.
As he clarified, the share of Russian oil in Indian impo...
By Gleb Baranov
September has turned out to be the best month of this year for oil prices so far. Last Friday, West Texas WTI, and on Monday, North Sea Brent, broke through the strong resistance levels, then reaching highs not seen since November: $88.08 and $91.15, respectively.
It was difficul...
By Ksenia Loginova
Western countries are increasing pressuring Abu Dhabi to stop exports to Russia of dual-use goods that they say are helping Moscow in the Ukrainian conflict. First of all, we are talking about microchips and other electronic components. The United States and allies have repeated...
By Gevorg Mirzayan
The collective West is making efforts to destroy Russia’s relationship with one of the most promising countries on the planet – India. Why exactly are they doing this and why does New Delhi, despite all these attempts and difficulties, support Moscow in its global confrontation...
