... India asserts that its priority is to ensure affordable energy prices for its population and economy. Purchasing Russian oil helps curb fuel price increases in the domestic market. The West Trades with the RF: In New Delhi's reminder, EU countries still import gas, petrochemicals, fertilizers, and other resources from Russia, while the U.S. continues to procure certain categories of Russian goods (such as nuclear materials). This undermines the demand for a complete cessation of trade with the RF. Unjust Criticism: ...

... Brussels has extended mandatory storage filling regulations for another two years (with the goal of at least 90% capacity by the beginning of each winter season). Additionally, discussions are underway at the EU level regarding new restrictions on Russian gas imports in an effort to finally reduce dependence on shipments from the RF. While fully abandoning Russian gas supplies in the short term is challenging (some countries, such as Hungary, still heavily rely on gas from Gazprom under long-term contracts),...

... >$100 a year ago) and successful reorientation of oil product imports: the EU has established steady diesel supply channels from the Middle East, Asia, and the U.S. to replace Russian volumes. As the expensive batches of fuel purchased by European importers last winter are consumed and replaced by cheaper supplies, gas stations in the EU are gradually lowering retail prices. However, due to high taxes and levies, gasoline in Europe remains expensive for consumers – prices in the largest EU economies range from €1.6–1.8 per liter at gas stations. Overall, the ...

... transfer ownership of their currency in the Chinese bank to the Russian company, which will then pay Gazprombank in rubles for the gas deliveries on behalf of the European buyer. In this way, these currency transactions will be completed without the currency ... ... “currency barter” or a mutual settlement. Why would a Russian company engage in this? It could even be advantageous. Russian importers typically exchange rubles for foreign currency in Russia to buy imported goods, like Chinese products. However, due ...

... for mandatory filling of gas storage facilities for another two years (target—90% by the start of each winter season) to secure high reserve levels for future winters. Additionally, politically, the EU is discussing potential new restrictions on the import of Russian gas, reflecting a desire to finally reduce dependence on supplies from the Russian Federation. Russian Fuel Market: Export Ban and Price Stabilization Measures The domestic market for petroleum products in Russia faced a tense situation this summer due ...