The longer the ban on gasoline exports lasted, the fewer incentives oil companies had to curb prices, which is why the government decided to ease restrictions. However, the market is in urgent need of new solutions that go beyond subsidies and export restrictions, believes Sergey Tereshkin, CEO of Open Oil Market (Forbes). The longer the ban on gasoline exports lasted,...

... wind calms or night falls, energy producers are forced to utilize coal and gas plants to meet demand. The development of energy storage technologies (batteries, hydrogen systems) has not yet allowed for full compensation for the variability of RES. Governments are striving to find a balance: on one hand, they encourage further growth of RES capacities (preferential financing, targeted quotas, subsidies), while on the other, they invest in the modernization of gas and coal plants to make them cleaner ...

As interest in assets continues to grow among investors, the government aims to ensure that cryptocurrency holders do not evade taxation. The State Duma of Russia is planning to modify the taxation threshold for cryptocurrency transactions to encompass a larger number of taxpayers dealing with digital assets. ...

... economic dynamics has become negative. This indicates that growth is now primarily driven by non-resource sectors, rendering the perceptions of Russia as solely a resource-based economy obsolete. Inflation Under Control: Thanks to the measures taken by the government and the Central Bank, inflation has noticeably slowed. As of mid-June, the annual inflation rate decreased to 9.6% (down from double-digit figures earlier). Putin emphasized that the situation is developing better than forecasts, expressing ...

... 90%, providing a buffer before the winter season while maintaining prices at moderate levels. At the same time, the global energy transition is gaining momentum—new records for renewable energy generation are being set in several regions, although governments still rely on traditional resources to ensure the reliability of their energy systems. In Russia, after an unprecedented surge in motor fuel prices in early August, emergency government measures are gradually cooling the market: the situation ...