... the fuel and energy complex, we explore key events and trends as of August 4, 2025. The global oil market begins the week in a state of relative equilibrium, with Brent crude oil prices hovering around $70 per barrel due to coordinated actions by OPEC+ ... ... participants are closely monitoring the global external trade situation. The U.S. has secured key trade agreements with the European Union, Japan, and several other partners, avoiding a full-scale tariff war and supporting confidence in demand resilience. However,...

... efforts regarding cryptocurrencies. Following the U.S., comprehensive rules are also coming into force in Europe: the European Union's MiCA framework has been implemented to establish standardized requirements for crypto assets, their issuers, service providers,... ... transparent and predictable, stimulating the influx of new companies and investments into the industry within clear frameworks. United States: The U.S. House of Representatives has approved a package of key bills on cryptocurrency regulation, continuing the course ...

... the exchange does not correspond to consumption. As a result, the exchange prices for AI-95 are rising at a faster pace (74,997 rubles per ton) and are now almost reaching the maximum level of last year's autumn crisis (76,797 rubles per ton). This is stated in a letter fr om the Russian Fuel Union (RTS) to Deputy Prime Minister Alexander Novak (a copy of the letter is available to "RG"). The letter from RTS says that despite the growth in the production of AI-95 (and higher) gasoline, which already accounts for 45% of the total ...

... Europe, for periods of one, three, or even six months. However, Mykhailo Podolyak, an advisor to Zelensky’s office, recently stated that starting January 1, 2025, Ukraine is prepared to transit gas only if it originates from other countries via Russian ... ... This leaves Azerbaijan as the most realistic partner in this scenario. Currently, Azerbaijan delivers gas to the European Union via Turkey using the TANAP and TAP pipelines. Azerbaijan supplies 10 billion cubic meters of gas annually to countries such ...

... suppliers, effectively depriving them of the ability to sell gold on the world's largest market. Simultaneously, the European Union banned the import of Russian gold. These restrictions have significantly stimulated the creation of independent infrastructure: ... ... currencies and reducing the dollar's role in global trade. In recent years, central banks of BRICS countries and several other states have been rapidly increasing their gold reserves, diversifying investments, and reducing the share of dollar-denominated ...