#russian-gas-dependence

#russian-gas-dependence

A Democratic congresswoman confronted the US Energy Secretary, stating, 'You are living in a different world,' after he downplayed the potential consequences of a war on Iran.

Nearly half of firms (48%) expected turnover to grow over the next 12 months in the first quarter of the year, up from 42% in the final quarter of 2025.

The Security Service has handled it and was able to identify the actor behind it. Fortunately, no serious consequences occurred due to a built-in protection mechanism.

Hungarian Prime Minister Viktor Orbán, whose reelection Trump had strongly endorsed, lost his bid to stay in power by a stunning landslide margin, marking a significant setback for Trump.

Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran. The 60-day waiver for the Jones Act aimed to lower energy costs but has had little impact on oil prices, which continue to rise amid the ongoing conflict.

Sweden's minister for civil defense, Carl-Oskar Bohlin, stated that the cyberattack targeted a heating plant in western Sweden but ultimately failed. He did not provide further details.

Calculations made by Andromeda showed the 4kg of explosives recovered by Serbia's military security agency could not have seriously ruptured the pipe. Four kilograms is not sufficient to put the gas pipeline to a standstill.

Easing sanctions now, for whatever reason, is wrong. We believe that is the wrong course of action. After all, we want to ensure that Russia does not exploit the war in Iran to weaken Ukraine. Six members of the G7 were very clear in their opinion that this would not send the right signal.

In the past two months, conflict in Iran has created an energy crisis - the latest in a series. Oil prices spiked within days of the start of US, Israeli and Iranian bombing in the Gulf region on 28 February.

We are seeing a significant increase in demand for Russian energy resources in connection with the war in Iran. Russia has been and remains a reliable supplier of both oil and gas including pipeline gas and liquefied natural gas, and it also remains capable of guaranteeing the continuity of all deliveries for which contracts have been concluded.

"agreement is a long-overdue step toward dismantling one of the Kremlin's most powerful economic weapons. Every cubic meter of Russian gas kept flowing into Europe has helped finance the missiles that strike Ukrainian cities. This Regulation, if implemented without loopholes, brings Europe closer to honouring its promise to end this deadly dependency."

Major indices, including the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, all recorded gains, with the Nasdaq delivering its strongest weekly performance since November.

When markets panic, authoritarian exporters cash in. In less than two weeks, Russia has earned an estimated 6bn from fossil fuel exports, money that ultimately feeds the Kremlin's war machine. Easing sanctions now would not stabilise markets. What it would do is allow Russia to sell the same oil for a far better price.

It is pre-dawn in the historic Podil district of the Ukraine capital, Kyiv, and warm light from the Spelta bakery-bistro's window pierces the darkness outside. On a wooden surface dusted with flour, the baker Oleksandr Kutsenko skilfully divides and shapes soft, damp pieces of dough. As he shoves the first loaves into the oven, a sweet, delicate aroma of fresh bread fills the space.

Russia has been steadily expanding its global nuclear footprint through its state-owned nuclear corporation Rosatom and its subsidiaries. Russia provides financing or technological support and exports complete nuclear-power-plant solutions from building infrastructure to supplying the core component, the Nuclear Steam Supply System, which drives power generation.