... hand, the de-escalation of trade conflicts between major economies, and on the other hand, the escalation of geopolitical rhetoric. A key event in recent days was the trade-energy deal between the U.S. and the EU, accompanied by a softening of mutual trade disputes. Washington and Brussels have developed agreements aimed at preventing a new tariff war: mutual understanding has been reached on reducing tariffs and increasing energy supplies from the U.S. to Europe. The energy component of the agreement is beneficial for both sides: the EU receives additional guarantees of stable gas and oil supplies,...

... support growth. Russia The Russian economy demonstrates stability due to high commodity prices and export opportunities. Key challenges include inflationary pressures and limited access to foreign investments. Key Risks Geopolitical Instability Heightened trade wars, particularly between the U.S. and China. Regional conflicts affecting energy supply and supply chains. Climate Change The economic consequences of natural disasters and climate adaptation increase the burden on national budgets. Debt Load Default ...

... exporters, if prices remain confidently above this level, some countries may be incentivized to accelerate production increases to avoid overheating the market and losing market share. Additionally, new risks may arise from non-economic factors—such as trade wars and sanctions. Expert Commentary: "The introduction of new trade tariffs by the U.S. may raise concerns about oil shortages in regional markets, which could prompt OPEC+ to increase production," noted Sergey Tereshkin, General Director ...

... from cutting oil production and its impact on the global market. MOSCOW, August 5 - PRIME. The decision of eight OPEC+ countries to abandon the current oil production cuts of 1.65 million barrels per day will depend on the level of oil prices and the trade wars initiated by the United States, experts surveyed by RIA Novosti stated. On Sunday, Russia, Saudi Arabia, the UAE, Iraq, Kazakhstan, Kuwait, Oman, and Algeria decided to continue increasing the production ceiling in September by an additional 547,...

... important level of $70 per barrel. American WTI remains around $66-67. Price increases are fueled by several positive factors: U.S.-EU Trade Truce: The conclusion of a framework agreement between Washington and Brussels helped avoid an escalation of the trade war at the last moment. The parties agreed to mutually lower tariffs and significantly increase the export of American energy resources to Europe. This news improved investor sentiment and heightened expectations for increased demand for U.S. oil in the ...