Russian economy meltdown as petrol prices soar 18% amid staggering inflation | World | News
The Russian economy faces another devastating blow as petrol prices soar, with retail costs having risen by 18%…
Petrol Imports Drop N2tn: Nigeria’s Domestic Production Soar
Nigeria’s petrol import bill fell significantly in the first quarter of 2025, dropping to N1.76tn from the N3.81tn…
Oil Prices Surge Over 8% as Iran Retaliates With Major Missile Strike on Israel
Brent crude surged more than 8% on Friday, peaking at a 13% intraday gain, after Iran launched a…
EU faces uphill battle to pass new Russia sanctions – POLITICO
Two EU diplomats told POLITICO the European Commission was taking a tougher and more uncompromising approach to this…
EU Launches “Hard-Biting Sanctions” Targeting Russia’s Oil, Gas and Tankers
Saying that “Russia’s goal is not peace,” and frustrated by the Trump administration’s lack of action on…
Germany’s SEFE Strikes 10-Year Deal for Gas From Azerbaijan
(Bloomberg) — Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s state-owned Socar. The agreement,…
Crude Oil gains ground as energy markets hope for US-China trade solutions
WTI is holding above $64.00/barrel on Monday, a seven-week high. Crude Oil markets are betting that summer travel…
Zelenskyy seeks Trump meeting at G7 in Canada – POLITICO
The Ukrainian delegation also held discussions in Washington on continuing military aid to Ukraine as it defends itself…
Russia economy meltdown as vital oil exports suffer huge £3bn blow | World | News
Russian oil took a staggering £3 billion hit in the first three months of 2025 as the country’s…
Can the EU lower the price cap on Russian oil without US support? It’s complicated
ADVERTISEMENT The European Union is readying a new round of sanctions against Russia to pile extra pressure on…