... global energy resource trade, initiating a redistribution of oil, gas, and coal flows between regions. A notable event is the sharp decline in energy trade between the U.S. and China amid escalating tensions. In June 2025, China did not purchase any oil, LNG, or coal from the U.S. for the first time in nearly three years (according to Bloomberg). Experts attribute this to rising trade tensions and Beijing's desire to diversify supply sources. China is increasing oil imports from Middle Eastern and African countries, as well as boosting purchases of Russian crude, taking advantage of price discounts on Urals grade. A similar picture is observed with natural gas: significant volumes of LNG are arriving in China from ...

... gas consumption in European industry and energy sectors due to conservation measures and a shift to alternative sources following high prices in recent years. High supplies of liquefied natural gas ( LNG )—approximately 12 billion cubic meters of LNG (primarily from the U.S., Qatar, and other exporters) entered Europe in June, setting a record for summer month imports. Preliminary estimates suggest that this trend persisted close to maximum levels in July. Due to high stock levels and diversified supplies, gas prices in Europe this summer have remained relatively stable. Prices at the largest hub, TTF , are ...

... sources. China is increasing oil imports from Middle Eastern and African countries, as well as ramping up purchases of Russian crude, taking advantage of price discounts on Urals grade. A similar situation exists with natural gas: significant volumes of LNG are being supplied to China from Qatar, Australia, and the spot market, bypassing American gas. Concurrently, Europe continues its efforts to reduce dependence on Russian energy resources. The import of Russian oil and petroleum products into the EU has effectively ceased due to the existing embargo, while pipeline gas supplies have been reduced to minimal volumes. The European Union is actively developing infrastructure for LNG reception (new ...

... potential medium-term risks for Russian diesel exporters, particularly due to China’s increased use of liquefied natural gas (LNG) for heavy road transport. From January to May 2024, sales of LNG-powered heavy trucks in China rose by 127% year-on-year ... ... still impact global demand. Additionally, key Russian diesel markets—such as Brazil and India—are developing alternative import options. New refineries coming online this year include the Dangote plant in Nigeria (650,000 bpd), Dos Bocas in Mexico ...

... record solar energy generation, keeping gas demand in check during peak load hours. Stable deliveries of liquefied natural gas (LNG), along with relatively weak industrial demand, maintain market balance. Overall, European prices are currently significantly ... ... strengthen energy security—including discussions on new storage filling regulations and potential restrictions on Russian gas imports. Global Agreements and Policy: Trade Thaw vs. Sanction Pressure The international agenda intertwines two opposing trends: ...