... where daily purchases were 124,000 barrels, according to Platts data. Reuters claims that India had to increase its imports from the U.S. due to a decrease in purchases from Russia. Allegedly, India started to turn away from Russian oil to avoid U.S. sanctions, which at the beginning of the year included a new batch of shadow fleet vessels in the sanctions list. Bloomberg also wrote off Russian oil, stating that by February 2025, India had brought its purchases of Russian oil to the lowest level since ...

... to Europe, improving investor sentiment and enhancing expectations for increased demand for U.S. oil and gas. Furthermore, the U.S. has intensified dialogue with India to eliminate trade barriers, easing global market tensions. Geopolitical risks and sanctions uncertainty. U.S. President Donald Trump has intensified rhetoric against Moscow, issuing an ultimatum to resolve the conflict in Ukraine within about 10 days. He threatened to impose 100% tariffs on Russian exports and secondary sanctions against ...

... India have made strides in resolving trade disputes, easing global tensions. Meanwhile, the summer holiday and travel season supports elevated consumption of gasoline and jet fuel in major economies, further fueling oil demand. Geopolitical risks and sanctions. The U.S. administration is ramping up pressure on Moscow. At the end of July, President Donald Trump shortened the deadline for resolving the Ukraine conflict: an ultimatum (~10 days) expires on August 8, and the president indicated he is "unconcerned" ...

... of barrels of oil to China every year. What risks does this create for the market and how does it affect Russia? Find out in our analysis. Chinese Purchases of Iranian Oil: Covert Operations and Their Consequences for Russia Despite international sanctions and official statements about halting oil supplies from Iran to China, the Middle Kingdom continues to import crude oil using complex circumvention schemes. These actions have a significant impact on the global oil market, creating challenges ...

... wealthiest businessmen, according to the Bloomberg Billionaires Index , increased by nearly $20 billion. For investors, analysts, and the wider audience in the CIS, this signals the sustained investment attractiveness of Russian assets even amidst sanctions and geopolitical volatility. 2. Growth Leader: Pavel Durov and the Telegram Ecosystem The absolute leader was Pavel Durov, co-founder of the messaging platform Telegram . His wealth grew by +$3.27 billion , reaching $14.3 billion. The main ...