... elsewhere in the world." Nord Streams The ban on the use of the Nord Streams has minimal impact, as they are not utilized for deliveries to Europe following the September 2022 sabotage, thus Gazprom has incurred no losses, believes Tereshkin from Open Oil Market. Sanctions against the Nord Streams are more of a political declaration, as these pipelines primarily benefited Germany, which planned to develop its gas hub, not Russia, argues Shevyrenkov from IEF. There is a plan for the EU to abandon Russian gas by ...

... sanctions. Given that the lifting of restrictions can increase their export opportunities and strengthen the ruble, these companies can offer attractive terms for long-term investments. The Russian B2B market is also of interest, where the lifting of sanctions can facilitate the development of online platforms for the sale of oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing for an IPO on the Moscow Exchange. The easing ...

... growth. This would open up new opportunities for long-term projects in the oil and gas, energy, and high-tech sectors, where Russia holds significant potential. Comment from Sergey Tereshkin, Founder of Open Oil Market Sergey Tereshkin, founder of Open Oil Market, commented: "The possibility of lifting sanctions on Russia following Trump’s victory could significantly impact not only the Russian economy but also the global financial landscape. For Russian businesses, an easing of sanctions opens new horizons for expansion and capital inflows. From ...

..., enabling them to attract additional funds and grow. This would open new horizons for long-term projects in the oil and gas sector, energy, and high technologies, where Russia has significant potential. Opinion of Sergey Tereshkin, Founder of Open Oil Market “The potential lifting of sanctions on Russia following Trump's victory is an event that could significantly alter the economic and financial landscape not only in Russia but globally. For Russian businesses, easing sanctions opens new horizons for expansion and capital attraction....

... and rising energy needs. These events underscore the importance of energy sector news for understanding current trends, including oil, gas, and electricity prices. We will explore how this event affects the energy security of countries, the impact of oil sanctions across various regions, and how OPEC+ might respond to these changes. Stay updated on all relevant energy sector news and their implications for the global economy. Current News in the Fuel and Energy Sector as of August 11, 2025: Tightening ...