Economy

Western energy pressure on Russia has backfired

Western energy pressure on Russia has failed, Kirill Dmitriev has said, noting those who retained ties with Moscow made a “wise choice”

The end of Russia’s gas era

Putin tells Russia’s energy sector: There’s no going back to EU

Middle East crisis shifts maritime traffic to African coasts

Maritime traffic around South Africa has increased amid the escalating war in the Middle East

Oil price surges to highest since 2023

Crude oil prices hit a two-and-a-half year high on Friday amid supply disruptions in the Middle East due to the US-Israeli war against Iran

US Treasury Secretary Confirms Permission to India to Buy Russian Oil Loaded on Tankers

Scott Bessent also added that the US anticipated that New Delhi will ramp up its purchases of US oil

Dmitriev predicts start of era of total energy collapse in EU

"By refusing Russian energy, the EU has shot itself in the foot so many times that no feet are left," Chief Executive Officer of Russian Direct Investment Fund Kirill Dmitriev said