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Sanctions will reduce Russia’s oil exports eventually

Location:

RUSSIA

In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…

Tariffs accentuate poor iron ore market fundamentals

Location:

INTERNATIONAL

High inventories in Chinese steel mills have reduced steel and iron ore prices this year. Concerns about retaliation against the US tariffs are accentuating the trend. Prices of…

China will not rush Iran back to the nuclear deal

Location:

IRAN/CHINA

Hopes of swift progress are low, as Iran has outlined a maximalist position including demands for impossible US guarantees that no future president will again renege on the Joint…

Global South will become even more important to Russia

Location:

RUSSIA

Fostering closer trade and financial ties with countries outside the West is essential if Russia is to improve its economic security and enhance its sovereignty. For Moscow it is…

Armenia could be 'bridge' if Iran opens to the world

Location:

ARMENIA

Vaezi was speaking after talks with visiting Armenian Economy Minister Karen Chshmaritian. Since Iran's nuclear deal with the international powers, Armenia is in a key position…

Russia's Asian gas pivot will progress slowly

Location:

RUSSIA/INT

Outlook for Russia-Asia gas ties.

Russian oil exports will be tested in future

Location:

RUSSIA

Most of Russia’s hydrocarbon export revenues are generated from oil now that gas sales have collapsed. Ambitious state spending plans are based on oil revenues rising this year…

War and sanctions will hit Russian consumer spending

Location:

RUSSIA

The cost will increase pressure on households already experiencing declining real incomes and worrying about the military mobilisation which the government says has taken 300,000…

Russia and Central Asian states will cooperate on gas

Location:

RUSSIA/CENTRAL ASIA

The same month, Kazakh Energy Minister Almasadam Satkaliyev said Russia was willing to accept reduced rates for its gas. The two announcements follow an intense diplomatic game…

Seized Western assets will go to Kremlin allies

Location:

RUSSIA

This follows the transfer of the assets of energy companies Uniper and Fortum three months earlier. Temporary management is likely to end in eventual nationalisation, and a…