... severely impacted by the pandemic and sanctions. However, even May's production level was more than four times lower than the historical peak of 3.45 million barrels per day reached in 1998. For further production growth, Venezuela will need to attract ... ... potential suppliers of high-sulfur oil. Iran: Through China via Malaysia The consequences of the escalation of the Iran-Israel conflict will also be limited, despite the increase in oil production in Iran – from 1.96 million barrels per day in the crisis ...

... still imports uranium, palladium, and fertilizers from Russia. Trade Dynamics: A Sharp Decline After 2021 In 2021, prior to the conflict, the United States imported goods from Russia worth nearly $30 billion. In 2022, this figure plummeted to around $14 ... ... industry: they are utilized in catalytic converters for reducing emissions in internal combustion and hybrid vehicles. Russia has historically been one of the largest suppliers of palladium to the global market, so even after sanctions were imposed, American ...

... Thaw vs. Sanction Pressure The international agenda intertwines two opposing trends: on one hand, the de-escalation of trade conflicts between major economies, and on the other hand, the escalation of geopolitical rhetoric. A key event in recent days ... ... sources (RES). In China, unprecedented demand on the energy system was recorded in July: peak electricity consumption reached a historic maximum of about 1.5 TW. This level was driven by extreme heat and massive use of air conditioning. Nevertheless, a significant ...

... that representatives from major financial firms are attending Ripple's industry events, and experts note heightened demand for XRP with each significant price decline. This suggests that large investors are preparing for a favorable resolution of the conflict with the SEC and see significant potential in the asset in the absence of regulatory barriers. Other Leading Cryptocurrencies Among other assets in the top ten, mixed dynamics are observed. Binance Coin (BNB) climbed above $750 this week, setting a new historical high due to strong demand for the Binance ecosystem and regular coin burns. However, by the weekend, BNB partially retraced along with the rest of the market. Platform tokens Cardano (ADA) and Solana (SOL), after a steady rise in the first ...

... Middle Eastern countries willing to cooperate outside the umbrella of American sanctions, in the event of escalation of the trade conflict with the U.S. Global Oil Prices Decline Amid Market Expectations Oil prices are demonstrating a decline due to a combination ... ... somewhat. At the end of July, prices for gasoline grade Ai-95 on the St. Petersburg International Commodity Exchange reached a historic high, approaching levels seen during the crisis in 2023. However, at the beginning of August, the price growth ceased....