International Market Analysis

 

Category Archives: Russia & Eurasia

Viktor Orban’s Goulash Energy Policy Makes Hungary Putin’s Trojan Horse In Europe

On Wednesday, Hungary demanded that shipments of Russian oil be exempt from the European Union’s proposed sanctions. This statement comes amidst tense negotiations between Budapest and Brussels over the EU’s sixth round of penalties against Moscow. Budapest has proven the most skeptical of the plan, which requires the unanimous consent of member states. Read the full article…

Energy-Driven Ruble Rebound Won’t Rescue Russia

On Monday, President Vladimir Putin claimed that Western sanctions imposed against Russia have failed in a televised address. He said the strategy of economic blitzkrieg did not provoke an immediate meltdown of the economy as expected. Instead, he touted the strength of the ruble, Russia’s currency. Read the full article here…

Strategic Petroleum Reserve Release Should Help Americans, Hurt Putin

Oil prices experienced their largest weekly losses in over two years following President Joe Biden’s announcement to release some 180 million barrels of oil (mbd) from the U.S. Strategic Petroleum Reserve (SPR). The 6-month, 1 million barrel per day (bpd) injection is the largest in U.S. history and marks the third time Washington has tapped into Department of Energy

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Can Energy Exports Save The Russian War Machine Facing Western Sanctions?

Last week President Joe Biden announced a complete ban on Russian oil and gas imports – the latest in a series of debilitating sanctions meant to punish Russian President Vladimir Putin for his crimes against Ukraine. The declaration followed an already steady stream of US and Western energy companies who were departing the Russian marketplace on their

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