... Diamond Imports to India Western sanctions against the Russian diamond industry: In December 2023, the European Union imposed a ban on the import of Russian diamonds, effective from January 1, 2024. G7 countries also agreed on similar measures aimed at restricting the export of Russian diamonds. RIA Novosti RBC Despite India not officially joining these sanctions, fears of secondary sanctions and pressure from Western partners have led to a decrease in the volume of Russian diamond imports. Restrictions on dollar transactions: ...

... to record levels, signals of governmental intervention have indicated a trend towards stabilization. Diesel fuel, experiencing less shortage, has shown little price increase. Experts note that the further price dynamics will depend on the duration of export restrictions and the effectiveness of other measures. It is likely that administrative measures will help mitigate fuel price increases through August and September. However, if the ban is lifted in the fall, another price surge may be possible if the ...

... made at upcoming alliance meetings will influence market balance and oil price dynamics. Fuel Market in Russia: The effect of the implemented ban on gasoline exports in Russia and subsequent decisions by authorities (cancellation or extension of the restriction after August) will impact domestic fuel prices and the potential for export shipments from Russia.

... gas storage is filling at record rates, indicating upcoming shifts in consumption. Discussions on these issues are becoming particularly pertinent against the backdrop of global trends, such as the development of renewable energy sources and potential restrictions on gasoline exports. Energy Sector News – Friday, August 1, 2025: Brent Remains Above $72; European Gas Storage at Record Levels At the beginning of August, the global fuel and energy sector is showing moderate growth and signs of stabilization. Oil prices remain ...

... extension or reduction, without requiring lengthy approval procedures. According to Sergey Tereshkin, CEO of the oil product marketplace OPEN OIL MARKET, the export permit for such a short period is a result of a compromise: the regulator could not keep export restrictions for too long. Therefore, the ban is lifted, but oil companies receive a signal: "Guys, I’m letting you go on a break, but behave well, or you’ll be locked back in the room." Meanwhile, Dmitry Gusev, Deputy Chairman of the ...