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Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia

... $70 per barrel – the highest levels in the past one and a half weeks. American WTI is trading around $66. The increase in prices was primarily driven by positive news regarding the trade agreement between the US and the European Union, as well as geopolitical factors. US President Donald Trump announced a reduction in the timeframe given to Russia for resolving the conflict in Ukraine to 10–12 days, threatening enhanced sanctions, which added uncertainty regarding future energy resource supplies ...

Where does Gazprom invest?

.... In 2023, the company invested in: Increasing the capacity of the gas pipeline to meet growing demand in China. Modernization of compressor stations to improve energy efficiency and reliability of supplies. Nord Stream 2 and Turkish Stream: Despite geopolitical challenges, Gazprom continues to support and develop the infrastructure of these pipelines. As part of Nord Stream 2, technical work is being carried out to maintain the operability of the system. Turkish Stream supplies gas to Turkey and ...

Ruble Concludes 2024 Above 100 Against Dollar: Causes, Forecasts, and Implications

... According to the Central Bank of Russia, the national currency ended the year with the following indicators: US Dollar Exchange Rate: +13.4% (ruble depreciation). Euro Exchange Rate: +7%. Chinese Yuan Exchange Rate: +6.8%. Main Causes of Ruble Depreciation Geopolitical Factors The introduction of new US sanctions against Russia in November 2024 dealt a serious blow to the economy. The sanctions affected key sectors and restricted access to international financial markets. Decline in Export Revenues Falling ...

Lukashenko Wins with 87.6% Votes: What Does It Mean for Russia?

Alexander Lukashenko, with 87.6% of the vote, strengthens his position as President of Belarus. How will this affect Russian-Belarusian relations, integration within the Union State and the geopolitical situation in the region? We analyze the key aspects and forecasts. Lukashenko Wins with 87.6% of the Votes: What Does This Mean for Russia? According to exit polls from the Belarusian Committee of Youth Organizations, Alexander Lukashenko ...

Escalation of Conflict Between India and Pakistan: A Historical and Political Overview

... aligned itself with the United States and joined pro-Western military alliances (CENTO, SEATO), receiving significant military aid, while India adopted a policy of non-alignment and simultaneously established a partnership with the Soviet Union. These geopolitical orientations meant that the confrontation on the subcontinent took on a global dimension, becoming part of the Cold War. In 1962, India suffered a defeat in a brief border war with China, which undermined its standing. The Pakistani leadership ...