... important goods from Russia. In 2024, the volume of imports from Russia to the U.S. was approximately $3 billion — nearly a 90% decrease compared to 2021 (the last year before the conflict) — but still includes fertilizers, precious metals, and nuclear fuel. This fact has gained attention amidst Washington's recent criticism of India for purchasing Russian oil: the Indian Ministry of External Affairs pointed out that the U.S. still imports uranium, palladium, and fertilizers from Russia. Trade Dynamics: ...

... 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 by the end of 2027, thereby strengthening Europe's energy independence from Russia. Unified Tariff and Investments: All EU countries agreed to open their markets to American ...

... commissioning services. The units are scheduled for commercial operation in 2027–2028. Additionally, work is ongoing at the Tianwan Nuclear Power Plant, which will consist of eight power units. Russia has already completed and commissioned four units with a ... ... Maxim Malkov, head of the oil and gas sector practice at Kept. Chinese partners' equity involvement ensures stable supplies of fuel and energy resources to China. For instance, in Novatek's Yamal LNG project, Chinese CNPC and the Silk Road Fund hold 20% ...

... into a historic agreement under which Europe will significantly increase its purchases of American energy resources in exchange for reduced trade tariffs. Under the terms of the deal, the EU will annually buy oil, liquefied natural gas (LNG), and even nuclear fuel from the US – the total volume of contracts is estimated at an enormous $750 billion over the coming years. The main goal is to fully replace oil and gas supplies from Russia with American imports by the end of 2027, thereby ensuring Europe’s ...

... decline once again. Despite new temperature records (for instance, extreme heat in late July led to water overheating at some nuclear power plants, complicating their cooling), Europe's energy system is withstanding peak loads without major outages. Grid ... ... differently across various parts of the world. In Russia, authorities recently took an unprecedented step to stabilize domestic fuel prices. As of July 30, a temporary full ban on gasoline exports for all companies, including major producers and refineries,...