Turnover between Moscow and Beijing could surpass $200 billion by the end of the year, Igor Sechin has suggested Moscow is on course to become Beijing’s largest foreign trade partner, after the US, Rosneft CEO […]
World Oil (Bloomberg) – War in the Middle East could cause the oil price to surge to $140 a bbl and bring the world to the brink of a recession, according to Ana Boata, head […]
The natural gas market in the European Union will remain turbulent in the coming winter even with the bloc’s storage facilities nearly full, Norwegian energy giant Equinor has warned. Gas reservoirs in the EU are […]
Resuming energy flows from Russia will help stave off deindustrialization, Steffen Kotre says Germany needs to bring the surviving branch of the Nord Stream pipeline online and resume gas imports from Russia, Bundestag MP Steffen […]
Israel‘s military has announced Saturday that it drastically stepped up airstrikes in preparation for its “next stage” of the operation against Gaza, in a statement many see as portending an imminent ground invasion. “We need […]
London (AFP) – The escalation of hostilities between Israel and Hamas could further strain global oil and gas supplies, already disrupted by Russia’s invasion of Ukraine, experts have warned. Increases in oil prices in response to […]
The tense Pakistani-Taliban security dilemma, US influence over Islamabad, and CPEC’s lackluster progress in recent years combine to temper expectations. The Taliban’s acting Commerce Minister revealed that Afghanistan requested to join the Belt & Road Initiative’s (BRI) […]
21 Oct, 2023 05:09 HomeBusiness News The ruble and yuan make up 95% of Moscow’s trade with Beijing, Maksim Reshetnikov says The share of ruble and yuan settlements in Russia’s foreign trade has surged to […]
By Tsvetana Paraskova of Oilprice.com India’s government is expected to reject demands from Russian oil companies to pay for Russia’s crude oil imports in Chinese yuan, Indian officials told Bloomberg on Friday. Russia and its […]
Latvia’s president has proposed a blockade in response to the Balticonnector pipeline leak If Moscow was behind the damage to the Finland-Estonia gas pipeline, NATO should seriously consider closing the Baltic Sea to Russian shipping, […]
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