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Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia
... assessed the agreement. European Commission President Ursula von der Leyen stated that this pact would bring the much-needed stability and predictability for businesses in the EU and the US. The Chancellor of Germany welcomed the reduction of American tariffs, noting that the deal helped avoid escalation in trade relations. President Trump called the agreement one of the largest in history and an important victory for the American energy sector.
In addition to the deal with the EU, the
US is pursuing an active external energy policy
. In recent weeks, Washington has also concluded ...
European Economy Losing Competitiveness: Causes and Consequences
... serious challenges: IMF forecast points to recession risk
According to the updated IMF forecast, the Eurozone economy will face a notable slowdown in growth in 2025, which may lead to a recession. The forecast does not take into account potential new tariffs from the Trump administration, which could exacerbate the situation.
Key reasons for the slowdown:
Weak domestic demand: High inflation continues to pressure purchasing power.
Industrial decline: The manufacturing sector remains stagnant due to decreasing global ...
Energy Sector News August 6, 2025: US Pressure on India, Petroleum Product Exports and Energy Trends
... the second-largest market for Russian oil —
India
. President Donald Trump stated his intention to significantly raise
customs duties
on Indian goods, citing ongoing purchases of Russian oil by New Delhi. Previously, the U.S. introduced a baseline tariff of 25%, which could be raised further within a day (by August 6). Trump expressed extreme dissatisfaction that India continues to import energy resources from Russia and even benefits by reselling them. Furthermore, Washington has not ruled out the possibility of introducing prohibitive tariffs of 100% and even 500% ...
Current Situation: The USA Aims to Capture up to 70% of the European Energy Market
... role as a Washington satellite, believes the expert. Alexey Grivach, Deputy Director General of the National Energy Security Fund, asserts that the U.S.-EU agreement is primarily a public relations maneuver. “During his previous presidential term, Trump negotiated similar agreements with China. After the tariff war in 2018, Washington and Beijing announced the strengthening of trade cooperation in the energy sector, including U.S. plans for Chinese companies to participate in the construction of an LNG plant in Alaska. But where is that plant now? Meanwhile,...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... Politics: Transatlantic Deal and Pressure on Russia
Recently, the main event on the international agenda has been the
trade and energy deal between the U.S. and the EU
, which could reshape the dynamics in the global energy market. Recall that Donald Trump and Ursula von der Leyen agreed to an unprecedented increase in American energy exports to Europe in exchange for partial tariff reductions on European goods. Over the next three years, the
European Union
pledged to purchase approximately $750 billion worth of oil, LNG, and even nuclear fuel from the U.S. The aim is to virtually replace oil and gas supplies from Russia ...