Economy
Russia’s oil revenues recorded a sharp weekly increase after a temporary US sanctions waiver and rising global prices linked to tensions with Iran triggered a rapid market reversal, easing months of pressure on Moscow’s energy income. Seaborne oil export revenues rose by about 890 million......
Oil markets swung sharply Monday after crude prices climbed above $100 per barrel for the first time since Russia’s invasion of Ukraine in 2022, while G7 governments debated whether to release strategic petroleum reserves to counter disruptions caused by the war involving the United States, Israel......
Türkiye’s floriculture sector has experienced a surge in activity ahead of International Women’s Day, with around 80 million flowers exported to 35 countries around the world. The shipments, largely composed of carnations and hyacinths, were prepared mainly in greenhouses located in......
Hungary’s state controlled energy company MOL has ordered its first seaborne deliveries of Russian crude to be routed through Croatia, marking a new phase in an energy supply dispute involving Kyiv, Budapest and Bratislava after damage to the Druzhba pipeline in late January. Foreign Minister......
Christine Lagarde is expected to leave the European Central Bank before the end of her eight year term as president, which is due to expire in October 2027, according to a report published by the Financial Times on February 18, 2026. The development would mark a reversal for Lagarde, who less than a......
Ukrainian drones struck a major oil refinery in Russia’s Volgograd region overnight from February 10 to 11, sparking a fire at the facility operated by Lukoil. Russian media described it as the first attack on the refinery this year, as both sides continue targeting each other’s energy infrastructure......
The European Union is set to waive additional origin checks for gas imports from the United States, Qatar, Norway, Great Britain, Algeria, and Nigeria as it rolls out a new enforcement system to phase out Russian gas supplies. This move, outlined in a draft document from the European Commission and reported......
European Commission President Ursula von der Leyen revealed that the European Union, the United States, and Ukraine stand on the brink of sealing a unified Prosperity Framework to steer Ukraine's economic recovery after the war. This breakthrough emerged from an informal EU leaders' gathering......
A Moscow court has begun proceedings in a massive lawsuit filed by Russia's central bank against Belgium-based Euroclear, seeking 18,200 billion rubles around $235 billion for sovereign assets frozen in Europe since Moscow's 2022 invasion of Ukraine. The presiding judge ordered journalists out......
Steve Witkoff, the White House special envoy, revealed on January 6, 2026, a landmark partnership between the United States and BlackRock to drive Ukraine's economic revival. Speaking to reporters after a Volunteer Coalition summit in Paris, Witkoff described the deal as "the most robust prosperity......
Around 500 million dollars of Telegram bonds remain frozen at Russia’s National Settlement Depository because of Western sanctions imposed after the 2022 invasion of Ukraine, underscoring the messaging app’s ongoing financial exposure to Russian capital markets despite founder Pavel Durov’s......
Bulgarian intelligence agencies and Ukraine's Center for Countering Disinformation have exposed a broad Russian propaganda push targeting the country's shift to the euro, set for January 1, 2026. This makes Bulgaria the eurozone's 21st member amid heightened tensions. The campaign deploys......
A large-scale drone assault launched by Ukraine struck key energy facilities deep inside Russian territory, leading to the suspension of operations at one of Russia’s most critical gas plants and igniting fires at oil storage depots. The overnight attack, one of the most extensive in recent months,......
