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Oil Market
EU has increased import of diesel fuel from Russia by 20%
BRUSSELS (Realist English). In July, EU countries increased imports of diesel fuel from Russia by 22% compared to July 2021,...
Who really owns the world’s oil?
EDINBURGH (Realist English). 65% of the world's proven oil and gas reserves are controlled by national oil companies. This is...
The US is still selling off its oil reserves to drop commodity prices
WASHINGTON (Realist English). The United States continues to use its Strategic Oil Reserve to reduce world prices for this raw...
Biden will pay a political price for sanctions against Iran: analyst
TEHRAN (Realist English). US President Joseph Biden and the Democratic Party will pay a political price in the midterm congressional...
Saudi Arabia and the UAE might compensate for the drop in oil production in Russia
VIENNA (Realist English). OPEC+ is working to compensate for the drop in oil production in Russia, which has fallen by...
Saudi Aramco’s profit rose by a record 82%
RIYADH (Realist English). Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting...
Hungary demands compensation from the EU in exchange for support of the oil embargo against Russia
BUDAPEST (Realist English). The Hungarian authorities has said that their support for the ban on oil imports from Russia depends...
The US has to blame itself for the energy crisis: ex-head of Saudi intelligence
RIYADH (Realist English). A senior member of the Saudi royal family, the former head of Saudi intelligence Prince Turki al-Faisal...
Expensive crude oil benefits bigwigs from Wall Street
NEW YORK (Realist English). Goldman Sachs analysts doubt that OPEC members will be able to increase production to replace Russian...
Iran war exposes global reliance on fragile energy routes
LONDON (Realist English). The war involving Iran has exposed the global economy’s dependence on vulnerable fossil fuel supply routes, intensifying...
Taiwan fears US weapons use in Iran could aid China
TAIPEI (Realist English). Taiwan has raised concerns that extensive US use of long-range cruise missiles in the war involving Iran...
Strait of Hormuz disruption sends shockwaves through global trade
LONDON (Realist English). Escalating military tensions around the Strait of Hormuz are rapidly disrupting global shipping and energy markets, as...
Iran war puts Vice President JD Vance in difficult political position
WASHINGTON (Realist English). The ongoing war with Iran has placed US Vice President JD Vance in a politically sensitive position,...
Star Wars without fiction: how space became the next battlefield
MOSCOW (Realist English). “Star Wars” stopped being science fiction long ago. Unfortunately, over ten thousand years of civilisation, humanity has...
Dadivank: The Legacy of Christ’s Apostles in Artsakh
YEREVAN (Realist English). In Artsakh, before the ethnic cleansing and forced deportation – simply put, genocide – carried out by...
An unusual phenomenon at the Church of the Holy Savior in Shushi
YEREVAN (Realist English). In the distant year 1979, as a third-year university student, I used to visit the Church of...
War with Iran seen as inevitable, Armenia warned of looming regional storm
YEREVAN (Realist English). The war with Iran is drawing ever closer. And once again, this pulls Armenia into a zone...
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