Economy

Presidential envoy notes importance of Russia-US dialogue for energy security

Kirill Dmitriev noted that Russia-US dialogue is vital for the world, as only jointly with Russia can global energy security be restored and ensured

Orban urges von der Leyen to suspend EU sanctions against Russian energy

The threat of rising energy prices in Europe has arisen not only because of military actions in the Middle East, but also as a result of Ukraine's suspension of the transit of Russian oil through the Druzhba pipeline, Orban noted

Brent crude oil price exceeds $119 per barrel for first time since June 17, 2022

As of 5:30 a.m. Moscow time, oil was trading at $119.36 per barrel

Brent crude price rises by 19% oil on London ICE Exchange

The price reached $111.40 per barrel as of 1:15 a.m. Moscow time

India says it doesn’t need US permission to buy Russian oil

India will continue to purchase Russian oil regardless of external pressure, New Delhi has said

Prof. Schlevogt's Compass No. 44: Dollar dominance and its discontents

The greatest threat to dollar primacy is not foreign rivals but domestic populists, fighting the wrong battle with the wrong weapons