Russia's aviation kerosene imports from Belarus surged nearly fourfold in May amid declining domestic production caused by refinery outages and ongoing military conflicts.
Russia limits gasoline and diesel sales in over 50 regions due to supply disruptions from Ukrainian drone attacks on oil refineries.
The US and Iran agreed on a communication channel to prevent incidents in the Strait of Hormuz, finalizing a 60-day roadmap for broader diplomatic agreements amid ongoing technical talks.
Russian drone and missile strikes hit Kharkiv and Odessa, causing fires, casualties, and damage to residential and agricultural sites amid ongoing conflict.
Germany's Economy Minister Katherina Reiche emphasized that future EU-Turkey gas contracts must exclude Russian supplies amid efforts to reduce reliance on Russian energy sources.
Bulgaria intends to veto the EU's latest sanctions package against Russia, citing threats to its economy and energy sector, notably concerns over Lukoil's operations.
EU leaders agree to extend sanctions on Russia for one year, reflecting a unified stance and signaling potential impacts on energy, finance, and trade sectors.
Drone attacks overnight sparked fires at major Russian chemical and oil facilities, prompting transport restrictions and airport operation limits across multiple regions.
Russian drone strikes on Pavlograd's residential and industrial sites injured 12 and damaged infrastructure, posing risks to local market stability and logistics.
US military strikes on Iran resume, prompting Tehran to attack US bases and close the strategic Strait of Hormuz, escalating tensions and impacting global energy routes.
Germany commits an extra €300 million to the Czech-led ammunition supply initiative, securing 50,000 rounds for Ukraine amid reduced multinational financial support.
Tatiana Kurashkevich, a Russian citizen, was arrested in Georgia on U.S. sanctions evasion charges, highlighting intensified international enforcement and potential trade sector impacts.
The US Treasury has broadened sanctions on Cuba, targeting President DÃaz-Canel and Castro family members amid escalating political tensions and economic challenges.
The US House passed a bill imposing new sanctions on Russia and boosting military aid for Ukraine, pending Senate approval and potential presidential veto.
Drone attacks in Rostov and Saratov regions ignite fires at oil storage and refinery facilities, causing infrastructure damage but no reported casualties.
Russia plans a 1-2 month ban on diesel and aviation kerosene exports due to refinery disruptions caused by increased drone attacks on fuel plants.
Russian drone strikes hit Kyiv causing casualties and fires, with possible use of the 'Oreshnik' ballistic missile raising escalation concerns in Ukraine conflict.
Hungary swiftly reinstates ban on Ukrainian agricultural imports and reverses ICC withdrawal, affecting regional trade flows and market dynamics.
The EU and Mexico have signed a major trade agreement eliminating most tariffs and easing trade barriers, aiming to boost exports, investments, and sector rotation by 2030.
Lukoil’s NORSI refinery in Nizhny Novgorod halves capacity after Ukrainian drone strikes, impacting a quarter of Russia’s refining output.
Russian forces conducted drone and missile strikes overnight on May 17 targeting multiple Ukrainian regions, causing property damage and injuries but no reported fatalities.
Following talks in Beijing, Trump reveals China’s interest in U.S. oil and soybean purchases and potential influence on Iran amid shifting trade dynamics.
Trump and Xi Jinping meet in Beijing to discuss Iran, trade, and Taiwan, key topics with significant implications for global markets and energy sectors.
Ukraine imposes sanctions on 32 Russian companies and 34 individuals linked to the military-industrial complex, extending measures against key defense suppliers and lobbyists.
The UAE has reportedly conducted secret airstrikes on Iranian oil infrastructure amid escalating Iranian drone and missile attacks, shifting regional dynamics and impacting key economic sectors.
US President Trump delays 25% tariff hike on EU auto imports until July 4 amid progress in trade talks with the European Commission.
The UK plans to join the EU's €90 billion credit program to enhance financial and military aid to Ukraine, with an announcement expected at the May 4 EPC summit.
The EU and Mercosur launched a provisional free trade zone impacting automotive, machinery, and pharmaceuticals, with key regulatory hurdles and environmental concerns pending resolution.
Oxfam reveals a 56% rise in CEO pay among Germany’s DAX 40 firms since 2019, while worker wages lag behind inflation and social inequality grows amid economic pressures.
Russian drone attacks on Odessa cause residential damage and casualties; multiple strikes also impact Sumy and Dnipropetrovsk regions, disrupting critical infrastructure.
Seven people, including two children, were injured in overnight drone strikes on Dnipro, causing fires in residential apartments and damaging commercial properties.
Italian PM Giorgia Meloni condemns Russian TV host Solovyov's insults, prompting Italy to summon Russia’s ambassador amid broad political support and media coverage.
France and Poland launch a joint military satellite project to enhance EU defense autonomy and reduce dependence on non-European communication systems by 2030.
Tashkent's farmer markets mostly saw strong profit growth in 2025, led by Askiya market, while Qo‘yliq faced declines; automotive sector profits surged significantly.