... kept export prices at moderate levels. However, Gazprom's direct exposure to the European spot market diminished due to the decline in physical export volumes to Europe. Geopolitical factors and gas exports also set the tone for operational results. Sanctions and the political environment after 2022 led to conventional sales markets (Europe) being effectively closed: gas exports to the EU via pipelines fell to historical lows. For example, transit through Ukraine, which had been contracted until ...

... are actively transitioning to renewable energy, uranium dependency remains relevant. Countries with nuclear energy continue to support uranium reserves and develop domestic enrichment capacities, particularly amid potential geopolitical conflicts and sanctions. Influence of Uranium-Rich Countries Countries with significant uranium reserves play a vital role in international relations, as they control a substantial portion of strategic resource supplies. Market Leaders: Kazakhstan, Canada, and Australia ...

... cautious forecast for Brent at year-end—around $60 per barrel—expecting that risk of weak demand will again come to the forefront. Thus, oil prices are balancing between supply-reducing factors (voluntary production limits from OPEC+ countries and sanctions against Russia) and signs of weakening fuel consumption. Gold, meanwhile, continues to hold near historical highs, although its price corrected downwards from peaks at the end of the week. The spot price of gold, following a strong jump in the ...

... fundamentally changed the balance of power around North Korea. Kim Jong-un's regime views its nuclear arsenal as a guarantee of its own security and survival. Attempts by the international community to achieve denuclearization through negotiations and sanctions have yet to succeed. In response to North Korean tests, its neighbors are strengthening their defenses: Japan and South Korea are deploying missile defense systems and enhancing their alliance with the USA, while voices in South Korea periodically ...

... cycle, presence of crisis phenomena or, conversely, recovery). The political situation is also important: a stable government, predictable legislation, absence of geopolitical tension create favorable conditions for business, while political crises or sanctions can negatively affect the securities market. The goal of this stage is to identify the global trend. If the economy is growing and the stock market is on the rise, the investor expects a generally favorable background for most companies (even ...