Russia
Russia widens its tax net as war spending drains financial buffers
Mining profits, investment income, online imports and foreign-company assets are targeted as the budget deficit exceeds revised plans.
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Results for “Oil and Gas”
Russia
Oceania
Australian Army builds a decentralised drone fleet for larger-scale use
The Australian Army operates drones in the low thousands across about 20 light-aircraft types, combining central programmes with unit-level purchases and a sovereign quadcopter effort created after DJI systems were barred.
Russia
Trump urges Ukraine to stop striking Russian diesel infrastructure
The U.S. president linked Ukrainian attacks on Russian refineries to a global diesel shortage, as disrupted Gulf exports and intensified strikes tightened fuel supplies and raised prices.
China
Kazakhstan plans $327 million expansion of oil pipeline routes to China
KazTransOil intends to expand the Kenkiyak-Atyrau and Kenkiyak-Kumkol links through 2030, raising their combined annual capacity to 35 million tons and strengthening the eastbound route.
Latin America
Rubio seeks $45 million for Ecuador security as maritime campaign expands
The US secretary of state promised to request new security funds, deliver patrol vessels and sanction former officials, while defending joint boat strikes criticized by rights groups as extrajudicial.
Latin America
White House details Pentagon stake in new Venezuela oil partnership
A new company with North American Blue Energy Partners would give the Pentagon 35% ownership, guarantee the State Department 20% of output at cost and hold century-long rights over 17 fields.
Brazil
Brazil weighs 60-day extension of 12% oil export tax as producers sue
The government argues that energy-route risks still justify the levy, while producers challenge the use of a trade resolution after the original provisional measure expired.
India
India's reliance on Russian oil reaches record high amid Gulf disruption
Russian crude supplied more than half of India's imports in June and July as Middle Eastern disruption renewed pressure on the country's energy security.
Middle East
UAE suspends trade with Iran after renewed ballistic missile fire
An indefinite halt to trade and financial transactions cuts a major commercial gateway for Iran as missile alarms, tanker attacks and restrictions in the Strait of Hormuz intensify.
Russia
Mini-Refineries Reveal the Limits of Russia's Fuel Response
The debate over small refineries points less to a viable fuel solution than to the strain on Russia's wartime economic management.
Middle East
Hormuz Has Become the Test of Mideast Energy Resilience
Q2 developments showed that alternate routes, storage, sanctions policy and OPEC+ cohesion all depend on the future of the Strait of Hormuz.
United States
Trump threatens to declare the Strait of Hormuz US territory
The president linked his territorial threat to the US blockade and control of shipping, while Iran insisted that only Tehran can decide whether the international waterway opens or closes.