... 2018-2019, production was 3.82 million barrels per day," the expert explained. According to Tereshkin, the increase in exports is related to the growth of shadow shipments to China, which are carried out through Malaysia. In 2015, the United ... ... sanctions against Tehran. In response, Iran announced a phased reduction of its commitments under the agreement, abandoning restrictions on nuclear research, centrifuges, and uranium enrichment level. Translated using ChatGPT Sourse: https://1prime....

... Exchange Rate: +7%. Chinese Yuan Exchange Rate: +6.8%. Main Causes of Ruble Depreciation Geopolitical Factors The introduction of new US sanctions against Russia in November 2024 dealt a serious blow to the economy. The sanctions affected key sectors and restricted access to international financial markets. Decline in Export Revenues Falling global prices for oil and gas, along with a reduction in their export, diminished the inflow of foreign currency into Russia. Monetary Policy The Central Bank maintains the key interest rate at 21%, which curtails economic activity ...

... barrels per day. However, these plans are only moderately supporting prices at present, as traders account for gradual growth in Venezuelan supply, while overall global oil inventories remain limited due to OPEC+ actions. Temporary disruptions in the export of Black Sea oil (including suspensions of shipments of Azeri BTC in the Turkish port of Ceyhan), which have restricted supply in the market, are also providing additional support. On the other hand, the growth potential for oil prices is limited by signs of slowing global economic activity. Mixed macroeconomic data from the US and China lead to forecasts of ...

... avoiding the need for third-party payment systems and minimizing currency risks. Favorable Conditions for Exporters: Russian exporters will be able to enhance their presence in the Iranian market by using Mir cards for transactions. This will also streamline ... ... For the Iranian economy, the introduction of Russian Mir cards will open access to a new influx of funds, especially given the restrictions imposed on traditional international payment systems. This will help sustain economic activity and foster a conducive ...

... currency reserves. A positive trade balance continues to support the national currency. Main Risks for the Ruble Despite moderate predictions, analysts highlight several risk factors that may exert pressure on the ruble: Sanctions: Potential tightening of restrictions related to oil and gas exports, as well as Russian banks' access to international settlements. Federal Reserve Rates: An increase in interest rates by the U.S. Federal Reserve could intensify capital outflow from emerging markets, including Russia. Oil Prices: Fluctuations ...