🚨🇷🇺 Updated forecasts from the Russian Ministry of Economic Development reveal that gas production in Russia is projected to reach 683.1 billion cubic meters in 2026, with estimates for 2027-2029 lowered. Average contract prices are expected to be $313.3 per thousand cubic meters in 2026, dropping to $271.8 in 2027. Meanwhile, gas export forecasts have been reduced from 122.6 million tons to 98.5 million tons for this year. Passenger traffic for Russian airlines is anticipated to decline by 0.3% in 2026.
🔼🛢🇷🇺 The Russian Ministry of Economic Development has announced that wholesale gas prices in Russia will be indexed 3 percentage points above inflation from 2027 to 2029. This decision reflects the government's strategy to adjust energy prices in line with economic trends.
🚀 Oil prices surged by 4% following new attacks by Yemeni Houthis on Saudi Arabia. The escalation in conflict has raised concerns over supply disruptions in the region, prompting a significant market reaction. The situation remains fluid as further developments unfold. For more information, visit here.
🚨🛢️ The United States and Iran are in talks for a phased agreement aimed at reopening the Strait of Hormuz and ending the American blockade, according to RTRS. As oil prices rise, there has been an increase in information leaks, indicating heightened scrutiny and potential market volatility.
🚨 SberDevices has filed a lawsuit against the main operating company "M.Video" for 6.6 billion rubles. The specifics of the claims have not yet been disclosed in court documents.
The press service of M.Video commented that the company is in ongoing dialogue with the counterparty and continues to effectively engage on operational matters. They are working to resolve the dispute and aim to reach a mutually acceptable solution, emphasizing the importance of maintaining constructive partnerships.
The press service of M.Video commented that the company is in ongoing dialogue with the counterparty and continues to effectively engage on operational matters. They are working to resolve the dispute and aim to reach a mutually acceptable solution, emphasizing the importance of maintaining constructive partnerships.
⚠️🇪🇺🇺🇦 NATO countries are prepared to deploy troops on Ukrainian territory if the conflict with Russia concludes. Dutch Prime Minister Mark Rutte has assured Ukraine of security guarantees.
⚠️🇹🇼 During his visit to the United States, Xi Jinping expressed hope that Washington would oppose Taiwan's independence, according to Xinhua.
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🚫🛢🇺🇸 US Energy Secretary Jennifer Granholm is urging major US refineries to voluntarily limit diesel exports, according to BBG. Previously, the Wall Street Journal reported that the Biden administration is exploring alternatives to a diesel export ban, including voluntary supply reductions.
🚨 The US Treasury today received buyback offers totaling $4.08 billion, falling short of the previously announced $6 billion target. This announcement comes as part of the September 24 buyback operation for 20–30-year debt.
⚠️🇷🇺 A new windfall tax will be introduced in the Russian Tax Code as a "tax on excess income," complementing the existing "tax on super profits." The Ministry of Finance proposes this tax to be levied on several mining companies as part of the adjustment to the taxation of natural rent. The windfall tax aims to enhance revenue sources for the federal budget.
🇺🇸🇨🇳 The White House has hailed the meeting between Trump and Xi Jinping as a success.
⚠️🇺🇸 The decline in U.S. government bonds continues as yields rise. Surprisingly, the "long-term" bonds are experiencing the steepest drop, despite the U.S. Treasury's active purchasing in this area. Yesterday, the U.S. Treasury announced an increase in purchases of 20- and 30-year bonds to $6 billion per operation.
🚨 Oil intervention discussions are back on the agenda as French President Emmanuel Macron advocates for a coordinated release of oil from strategic reserves. He expressed his desire to discuss this measure with G7 nations, emphasizing the need for collaborative action in managing oil supplies.