... spikes. This includes developing stock trading and competition, improving the dampener mechanism, stimulating domestic oil refining, and supporting alternative fuel types. Essentially, the challenge is to make the fuel market less dependent on external economic factors and more predictable. If gasoline price growth can be maintained within the bounds of overall inflation by year's end (which has typically been achieved in previous years, albeit through manual management), it will reduce social tension and allow ...

... will bring. If temperatures drop significantly, prices could stay elevated or spike. Ukrainian Transit Risks Another major factor is the uncertainty surrounding gas transit through Ukraine, especially with the transit agreement expiring in January 2025.... ... could lead to genuine shortages, forcing authorities to ration heat and electricity, particularly for industrial consumers. Economic Consequences Even if Europe avoids a complete gas shortage, the economic impact of high prices could be significant....

... July 2026). For investors in the power sector, the tariff hikes mean potential revenue growth for energy supply and generation companies, although the government is keenly monitoring to ensure that tariff policy does not accelerate inflation or hinder economic growth. Geopolitics and Energy Trade: Reconfiguring Flows Global energy resource trading is undergoing changes influenced by geopolitical factors. In particular, market participants have drawn attention to news about a sharp decrease in energy imports between the US and China. According to Bloomberg, in June 2025, China did not purchase any oil, liquefied natural gas (LNG), or coal from ...

... Index (DXY), which reflects the strength of the USD against a basket of six major currencies, has reached its highest level since November 2022. At the same time, the euro (EUR) has fallen to its lowest values against the dollar in that same period. Factors Influencing Currency Movement: Dollar Strength: Positive economic data from the U.S., including job growth and economic resilience. Revised expectations for Federal Reserve monetary policy, which may keep rates high longer than previously anticipated. Increased demand for safe assets amid global uncertainty....

... by about 19% compared to the same period in 2024. According to the Energy Information Administration (EIA), around 25% of all electricity in the country is now generated from coal—the highest share in several years. This surge is driven by multiple factors: High Gas Prices: The rise in natural gas prices has made coal a more economically attractive fuel for generation, especially for baseload capacities. Reliability of the Energy System: In an effort to avoid interruptions, authorities and companies maintain coal plants on standby to compensate for the insufficient stability ...