Trump’s sanctions send Russian oil prices plummeting to their lowest level since 2023
Russia is offering discounts of up to $23 per barrel before the US president’s measures on its two major oil companies take effect
Ukraine’s drones are punishing Russian oil industry
Kyiv has launched a new summer campaign targeting oil processing and distribution centers in Russia
Understanding secondary tariffs: Why few expect Trump to make good on his threat to Putin
China and India would be the hardest hit if the US were to impose sanctions on Russia’s main trading partners
Russia on the edge of economic collapse after 40 months of war
The Russian economic engine is showing clear signs of exhaustion — a reality the Kremlin is beginning to acknowledge. The military-driven boom of 2023 and 2024 is now in the past
Wall Street wrestles with market volatility amid renewed tariff tensions with China
European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country
Global markets plunge as Trump’s tariff plan proves more aggressive than expected
The S&P 500 plummets nearly 4% in its worst day in two years. The euro surges above $1.11, and Brent crude oil sees a sharp decline of 7%
Trump’s ‘drill, baby, drill’ meets reality: The US cannot extract much more oil if the price keeps falling
Experts warn that the energy sector is not contemplating a boost in production, despite the president’s messages. The country is already the world’s leading oil producer, but fracking deposits lose profitability when the price per barrel falls below $70
The shadow of Hormuz: Why oil prices are finally reacting to Middle East crisis
Iran’s retaliation for Israeli strikes on Lebanon is raising concerns that the political turmoil could spill over into the crude market