FSUOGM - Former Soviet Union Oil & Gas
Iran, Russia close in on final gas trade deal, oil minister says
Iran and Russia are close to finalising a long-term gas trade agreement after resolving most of the contract’s key provisions, Iranian Oil Minister Mohsen Paknejad said following talks in Tehran with Russian Energy Minister Sergei Tsivilev.
OPEC’s leverage narrows as war and exits reshape supply
Sanctions on Iran, war‑time disruptions and the UAE’s departure from OPEC have eroded the cartel’s capacity to shape prices, leaving it increasingly reactive and internally constrained
Russian fuel prices jump 20% in first week of July
Central Asia battles to stop fuel squeeze turning into supply shock
Sustained Ukrainian attacks on Russia’s refineries increasingly hitting motorists across region.
Europe is heading for gas volume crunch this winter, Eni chief warns
Europe is heading towards a shortage of physical gas supplies rather than another spike in prices, according to the head of Italy's energy major Eni, who warned that the continent faces its tightest supply buffer since the 2022 energy crisis.
Fuel crisis pushes Russia to ban diesel exports
ING: Oil bounces on Persian Gulf re-escalation
The re-escalation of fighting in the Persian Gulf in the last days has reignited supply concerns, pushing oil prices higher amid questions about the direction of US-Iran peace talks, ING said in a note.
Russian drone strike hits SOCAR fuel depot in Ukraine, Azerbaijan summons Russian ambassador
Greek shipowners earnt $4bn from Russian oil trade sanctions busting - FT
Greek shipping companies have earned at least $3.8bn transporting Russian crude oil since mid-2023, as a leading member of Russia’s shadow fleet, the Financial Times reported on July 7.
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