Japarov, left, and Tashiyev ruled Kyrgyzstan as seemingly close allies for five years prior to the abrupt sacking of the latter.

Kyrgyzstan accuses fired national security chief Tashiyev of major corruption

FSUOGM - Former Soviet Union Oil & Gas
By bne Eurasia bureau 16 March 2026
‘People’s general’ was last month suddenly fired by president, who has since mounted a wide-ranging purge of his allies.
Rising oil prices driven by tensions in the Gulf are erasing the discount on Russia’s crude, potentially delivering Moscow a fresh windfall that could rival the surge in revenues seen after the 2022 invasion of Ukraine.

Discounts on Russia’s Urals blend oil fall to zero

FSUOGM - Former Soviet Union Oil & Gas
By Newsbase 16 March 2026
Russia is poised to reap a major financial windfall from rising global oil prices due to the war in the Gulf, after the discounts on the Urals blend of oil fell to zero in the last week
IEA member countries will release 400mn barrels from emergency reserves — the largest coordinated stock draw in the agency’s history — as governments seek to stabilise oil markets disrupted by the Middle East conflict and threats to shipping through the Strait of Hormuz.

IEA releases details of historic oil reserves release member shares

MEOG - Middle East Oil & Gas
By Ben Aris in Berlin 16 March 2026
The International Energy Agency released details of the contribution by members to the “largest release of oil reserves in history” that it announced on March 11 to calm the oil market and bring down prices.

Why Europe's gas price cap plan will backfire

EurOil - Europe Oil & Gas
FSUOGM - Former Soviet Union Oil & Gas
GLNG - Global LNG
By Newsbase 16 March 2026
Brussels is again considering a cap on gas prices to shield consumers from soaring energy costs, but the policy risks weakening Europe’s ability to attract LNG cargoes just as the bloc faces a difficult storage refill ahead of next winter.
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