Found: 164

U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?

The US Treasury has temporarily cleared energy-related transactions with a number of Russian banks, including Sberbank, VTB and Rosbank. The decision, which is in effect until April 30, is intended to maintain the stability of international energy supplies. The founder of Open Oil Market sees this move as an important temporary tool for strengthening market confidence and maintaining stability, which is especially important for commodity market participants and traders amid ...

The United States has allowed transactions with Russian banks in the energy sector: what does this mean

... Such a move could help avoid disruptions in global energy markets and support the stability of Russia's currency flows. The article explores the potential consequences for the economy and energy sector, as well as the significance of this decision for international trade relations. The U.S. Treasury Department has temporarily eased sanctions on energy-related operations for several Russian banks, including the Central Bank of Russia, Sberbank, VTB, and Rosbank. This decision, effective ...

Energy Sector News, Sunday, July 27, 2025: Brent at around $70, Record Gas Reserves, Fuel Price Stabilization

... steps to enhance energy security—including the introduction of new target levels for storage and potential restrictions on Russian gas imports currently under political discussion. Russian Fuel Market: Stabilization Measures and Price Reactions The internal market for petroleum products in Russia is experiencing a tense situation this summer, associated with the rapid rise in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline at the St. Petersburg International ...

BMW and Mercedes Could Return to Russia: What It Means for the Market and Investors?

German auto brands may return to the Russian market as early as 2025. According to the head of Schneider Group, Ulf Schneider, German automakers such as BMW and Mercedes are suffering from sanctions against Russia, losing their share in the international market. Schneider believes that the return of German brands could revive Russians' interest in European cars, which are currently being replaced by Chinese brands. What are the prospects for this return, and what does this mean for Russian ...

Ruble Concludes 2024 Above 100 Against Dollar: Causes, Forecasts, and Implications

... global currencies. What caused such a decline, what can we expect in 2025, and how will this impact the economy and the population — we analyze in this article. 2024 Year-End Summary: Ruble Exchange Rate Dynamics The ruble weakened amidst a range of internal and external factors. According to the Central Bank of Russia, the national currency ended the year with the following indicators: US Dollar Exchange Rate: +13.4% (ruble depreciation). Euro Exchange Rate: +7%. Chinese Yuan Exchange Rate: +6.8%....