Economy

Gold price falls below $4,450 per troy ounce, first time since February 2, 2026

By 02:00 Moscow time, the precious metal slowed its decline and was trading at $4,504.5 per troy ounce

FACTBOX: Gasoline price surge, other key details on global market situation

Chinese authorities have announced a rise in retail prices for gasoline and diesel fuel within the country

IN BRIEF: President Putin’s key statements at a meeting on economic issues

The president said that Russia needs to return to a path of sustainable economic growth

EU last in line for Russian energy supplies

Kirill Dmitriev commented on a post by the BRICS News account during Vietnamese Prime Minister Pham Minh Chinh’s visit to Russia

How the Middle East crisis is rewriting energy security doctrine

Threats around the Strait of Hormuz are driving a lasting risk premium built on shipping paralysis and doubts about deterrence

The attack on Iran’s South Pars, world’s largest gas field, and Tehran’s retaliation threatens energy supply

Israel’s strike on Iran’s South Pars gas field and Tehran’s response targeting Qatar’s Ras Laffan LNG hub threaten global supply

Russian oil supplies to India surge

India’s oil imports from Russia have reportedly risen by 27% in March compared to last month

Iran is creating a “safe” oil shipping corridor through the Strait of Hormuz for select nations

Iran is allowing a handful of oil tankers to pass through a “safe corridor” in the Strait of Hormuz amid the war with the US and Israel

India looks to boost fertilizer imports from Russia and Belarus

India is reportedly looking to boost fertilizer imports from Russia and Belarus amid a shortage due to the Middle East conflict

Bank of Russia cuts key rate by 0.5 p.p. to 15% second time this year

According to the regulator, the Russian economy is approaching a balanced growth path

IN BRIEF: On fighting high inflation, key rate policy

The further path of the key rate will be adjusted in April, if necessary, Elvira Nabiullina said

Events in Middle East will have long-term consequences for energy sector

"Figuratively speaking, the situation on international energy markets and its future dynamics can be described as follows: only the bears are resting, and only the bulls are working hard," Alexey Miller added