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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
... 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 from Russia.
The US-EU Trade Deal Supported the Market:
Washington and Brussels narrowly avoided a trade war by agreeing on mutual tariffs and large-scale purchases of American ...
The Fate of the Dollar and the Prospects for BRICS Currency: What's Behind Putin's Statements?
... regarding the future of the dollar and the currency of the BRICS nations, highlighting a strategic reevaluation of the global financial structure. He emphasized that Russia does not seek to abandon the dollar; however, U.S. actions aimed at implementing sanctions and restrictions undermine trust in the American currency. Putin also commented on the idea of creating a unified BRICS currency, noting that it is premature to discuss this as such a goal does not currently exist. These statements raise a number ...
Buyers Battle for Russian Oil in Europe
... supplied oil to Serbia by sea. "Gazpromneft exported oil via the port of Novorossiysk to Croatia, where the oil was unloaded and then sent through a direct pipeline to the Serbian oil refinery owned by NIS. However, the sixth package of anti-Russian sanctions, effective from December 5, 2022, has prohibited the delivery of oil from Russia to the European Union by sea. As a result, unloading tankers with Russian oil in Croatia is no longer permitted," explains Igor Yushkov, an expert at the Financial ...
What the US Imports from Russia — Uranium, Fertilizers, and Palladium
... What supplies are being exchanged between the two countries, and which products are the main players in this market? In focus are uranium, fertilizers, and palladium. We will examine current trends related to these resources and discuss the impact of sanctions and the political climate on imports and exports. All these aspects will help deepen the understanding of how trade between the US and Russia continues to evolve in a changing world.
What the U.S. Imports from Russia — Uranium, Fertilizers,...
Key Economic Events and Corporate Earnings: Week of August 4 - 8, 2025
... providing clear insights into the state of the largest companies. Additionally, macroeconomic data will be analyzed, including PMI indices reflecting the state of the manufacturing sector. Anticipated information regarding inflation and the impact of sanctions on the economic situation in Russia and other European countries will also be discussed. Stay with us to learn all the details and forecasts!
Key Economic Events and Corporate Earnings: Week of August 4 - 8, 2025
The first full week of August ...