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The rise in diesel prices may accelerate by the end of summer, but it will not exceed inflation.
... negative. This is due to both the rising global oil and oil product prices and the high tax burden on the oil industry. With zero or negative margins, no amount of competition will lead to price reductions.
Stankevich believes that the government, in cooperation with key oil industry companies, must ensure the smooth operation of fuel supply chains within the country. First and foremost, this applies to rail transport, to prevent local shortages in the regions.
"For these purposes, an operational ...
What the US Imports from Russia — Uranium, Fertilizers, and Palladium
... nearly $30 billion. In 2022, this figure plummeted to around $14 billion, in 2023 to $4.6 billion, and by 2024 it shrank to $3 billion. Thus, over three years, the volume of imports collapsed by nearly 90%. The main reason was the cessation of energy cooperation: while in 2021, Russian oil accounted for the majority of imports (over $17 billion), after the embargo on oil, gas, and coal purchases was introduced in 2022, these supplies almost ceased. By 2024, the import of several other goods, such ...
Who will get access to the Ukrainian pipeline instead of Gazprom?
... Azerbaijan’s gas transit ambitions,” Gromov adds.
On August 19, 2024, Russian President Vladimir Putin visited Baku for the first time in six years for two days of talks. During this visit, the two leaders held closed-door discussions on strategic gas cooperation.
“For Russia, building a gas pipeline to Iran is a strategic endeavor. With other export routes facing limitations, such as Europe’s move away from gas and China’s cautious stance, Iran represents a crucial opportunity. For example,...
European Economy Losing Competitiveness: Causes and Consequences
... agriculture, and technology could become primary targets in a new wave of tariffs.
Market reactions: Deteriorating relations between the US and EU could lead to volatility in global markets.
Political tensions: Escalation of the conflict undermines economic cooperation between the largest economies.
Long-term risks: Increased protectionism on both sides threatens global supply chains.
#TradeWars #Europe #USA #Economy #Tariffs
The European Commission has declared its determination to continue efforts aimed ...
Sanctions have begun to be lifted: what should Russian investors expect?
... of drugs, which will allow Russian pharmaceutical companies to modernize their facilities. This change will have a positive impact on public health and reduce Russia's dependence on foreign supplies in the medical field.
Renewal of financial services cooperation with India: India, in an effort to strengthen trade ties and increase trade turnover, has agreed to partially lift restrictions on banking operations. This allows Russian banks to participate more actively in Indian financial markets and provides ...