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An expert explained how Iran's return to the oil market will affect prices.
... barrels per day," the expert explained. According to Tereshkin, the increase in exports is related to the growth of shadow shipments to China, which are carried out through Malaysia.
In 2015, the United Kingdom, Germany, China, Russia, the United States, France, and Iran signed the nuclear deal – the Joint Comprehensive Plan of Action (JCPOA), which involved the lifting of sanctions in exchange for limitations on Iran's nuclear program. In May 2018, under President Donald Trump, the U.S. withdrew from the JCPOA and reinstated ...
What the US Imports from Russia — Uranium, Fertilizers, and Palladium
... enriched uranium (in the form of uranium hexafluoride for nuclear power plants) from Russia worth $624 million — almost the same amount as before the war (a decrease of only 3% compared to 2021). This indicates the continued dependence of American nuclear energy on Russian raw materials. The Russian state corporation Rosatom and its subsidiaries traditionally met a significant portion of the U.S. needs for enriched uranium. Although Washington announced in 2024 its intention to completely halt imports of Russian nuclear fuel, delays have practically ...
Strong energy bonds
... Russian exports of oil, gas, and coal to the country, as well as the participation of Russian companies in the construction of nuclear power plants in China. Special attention is given to joint projects such as Yamal LNG and Arctic LNG-2, involving Chinese ... ...
Currently, China accounts for 16% of global liquid hydrocarbon consumption, while Russia contributes 11% of global production, stated Igor Sechin, Secretary of the Commission on Energy Development Strategy under the President of the Russian Federation and ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... decreasing. Despite new temperature records (for instance, heat in the second half of July led to overheating water at some nuclear power plants, complicating their cooling), Europe’s energy system is managing peak loads without significant disruptions.... ... to the Department of Energy, gasoline consumption in early July was 1-2% lower than a year ago. Extreme heat in the southern states somewhat reduced the number of long-distance car trips, while remote work popularity and cost-saving measures have lowered ...
Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia
... weekend, one of the largest trade agreements in recent years was reached, directly impacting the energy sector.
The United States and the European Union have entered into a historic agreement
under which Europe will significantly increase its purchases ... ... 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 ...