... monitoring forecasts: temperature extremes may lead to actual energy supply disruptions or changes in fuel consumption. Geopolitics and Sanctions: The deadline for the US ultimatum to Russia is set for the second decade of August. In the event of new sanctions imposed on Moscow, there could be price volatility for oil and gas, especially if restrictions affect energy resource exports. Additionally, US-China trade negotiations are in focus: extending the tariff truce would reduce risk for the global economy, which would also positively affect energy demand. Financial ...

... price levels could add an additional $5-7 billion to total wealth. Optimistic Scenario: a successful IPO of Telegram and continued growth in global demand for metals could increase total capitalization by $10-12 billion. Risk Scenario: an expansion of sanctions or a sharp drop in oil prices below $60 per barrel could negate half of the achieved gains. 9. Conclusion: Key Takeaways for a Broad Audience The increase in the wealth of Russian billionaires demonstrates the adaptability of major companies to current economic realities....

... compared to the 130 billion cubic meters lost earlier, they remain significant given Russia's budget deficit. LNG Prospects Experts doubt the EU will impose a full ban on Russian LNG in the near term. "Even if the EU includes a ban in the 15th sanctions package, its implementation might be delayed until 2026," Yushkov predicts. Sergey Tereshkin, CEO of Open Oil Market, adds that a complete LNG ban is unlikely before the end of the winter season (March 31), as Russian LNG helps Europe mitigate supply risks. For instance, France imported 4.98 million tons of Russian LNG in the first ten months of 2024, followed ...

... which in October 2023 had lifted restrictions on the export of oil and gas from Venezuela and payments to the state-owned PDVSA. In late May, the transition period granted to PDVSA's counterparties to wind down operations expired. The tightening of sanctions could halt the growth in oil production that occurred at the turn of 2023-2024. According to the U.S. Energy Information Administration (EIA), oil production in Venezuela increased from 740,000 to 840,000 barrels per day between October 2023 and May 2024, greatly surpassing the ...

... number of Russian banks, including the Central Bank, Sberbank, VTB, and Rosbank. This decision, effective until April 30, also includes lifting sanctions on Prominvestbank. This measure allows the continuation of transactions related to the supply of oil, gas, and other raw materials. Message and Context This move demonstrates flexibility in U.S. sanctions policy towards Russian energy. It underscores the significance of energy resources for the global economy, particularly in the context of maintaining stability in global supplies. Amid rising energy prices and tensions in the global energy markets,...