Russian oil exports rise as refinery output hits 21-year low after drone strikes Photo: Getty Images Ukraine's annual inflation slowed to 7.2% in June 2026, while consumer prices edged down by 0.1% compared with the previous month. Despite the slowdown, the National Bank of Photo: Suspilne The National Bank of Ukraine (NBU) has unveiled a new 2,000-hryvnia banknote, Governor Andriy Pyshnyi announced during a briefing, according to Suspilne. The new banknote features U Photo: Roman Mrochko/Telegram Russia has intensified strikes on Ukraine’s energy infrastructure, aiming to exploit a vulnerable period when the power system is operating under heavy pressure from ex Photo: Getty Images Russia is facing an increasingly severe fuel crisis as Ukrainian strikes on key energy infrastructure disrupt fuel supplies across the country, Politico reports. For much of t Photo: Getty Images Emergency power outages have begun in several regions of Ukraine due to extreme heat, according to regional energy companies and local authorities. At least two regions — KhmelnPossible power outages scheduled in Kyiv on June 30 Photo: depositphotos Ukraine, like much of Europe, is experiencing an intense heatwave that is expected to significantly increase electricity consumption and place additional pressure on the country Photo: depositphotos Ukraine’s Ministry of Economy, Environment and Agriculture has updated the requirements for companies seeking critical enterprise status , a designation that allows eligible em Photo: depositphotos Monobank has отменed its commission on international SWIFT transfers for both sending and receiving funds, starting June 10, according to co-founder Oleh Horokhovskyi . He sai Photo: EPA European Commission President Ursula von der Leyen has unveiled the EU’s 21st package of sanctions against Russia, including a proposed entry ban for anyone who has served in Russian for Photo: Getty Images Nigeria, Niger and Algeria are promoting the development of the Trans-Saharan Gas Pipeline, a major infrastructure project designed to supply natural gas to Europe and reduce relSeasonal fruits and vegetables in Ukraine become cheaper despite cold weather Photo: Getty Images Ukraine’s parliament has adopted a draft law №15224 in the first reading, which provides for a significant increase in state budget expenditures on security and defence, financed Photo: Verkhovna Rada of Ukraine / Telegram Ukraine’s parliament has approved in full the European integration draft law No. 11520 on public procurement after removing several controversial amendmen Photo: depositphotos A group of five EU countries led by France is urging Brussels to make broader use of tariffs and other protective trade measures to counter what they describe as unfair trade pr Photo: depositphotos Kazakhstan says it will not enforce the court decision from the Astana International Financial Centre (AIFC) in the dispute between Naftogaz of Ukraine and Gazprom at this stage Photo: EPA Naftogaz continues its international efforts to enforce a court decision against Gazprom and recover approximately $1.4 billion abroad. According to reports, the Court of the InternationNot only Sense Bank: government names another bank for privatization Photo: Getty Images The United States has warned shipping companies that they risk sanctions if they make payments to Iran in exchange for safe passage through the Strait of Hormuz, according to the Photo: According to Bloomberg, Russia now imports more than 90% of sanctioned technologies through China, highlighting Moscow’s growing dependence on Beijing amid the ongoing war against Ukraine. Photo: Pixabay In Germany and Spain, inflation in April rose to multi-year highs, driven by surging energy prices linked to tensions in the Middle East, according to The Wall Street Journal. In Ger Photo: depositphotos The World Bank warns that global commodity prices are set to climb in 2026 to their highest level since 2022, when Russia’s full-scale invasion of Ukraine triggered a major shoc Photo: Getty Images The United Arab Emirates has decided to leave OPEC after more than six decades of membership, with the withdrawal set to take effect this Friday, May 1. What OPEC is and how itUkraine launches arms exports: Zelensky says all details have been agreed Photo: depositphotos Prices for hundreds of goods worldwide are rising. The war involving the United States and Israel against Iran, which began in late February 2026, has turned into a major econo Photo: The European Union is preparing to resume joint gas purchases across the bloc. This move is Brussels’ response to instability in the Middle East and the risk of an energy crisis. According Photo: depositphotos Ukraine is preparing to resume oil transit through the Druzhba pipeline as early as Tuesday, April 21, following technical testing. The move could unlock a critical €90 billion Photo: Marine Traffic The previous temporary easing of sanctions had little effect on global oil prices but contributed to an increase in Russia’s revenues. The administration of U.S. President Don Photo: pixabay Ukraine’s Ministry of Finance has agreed with the Group of Official Creditors to postpone payments on state and state-guaranteed debt, signing a new Memorandum of Understanding. The Why a crisis in the Taiwan Strait would hit everyone: $2 trillion in losses even without a single shot — Bloomberg Photo: president.gov.ua Volodymyr Zelenskyy has signed a law extending the military tax for three years after the end of the war. The announcement was made on the website of the Verkhovna Rada (Ukr Photo: depositphotos Mobile operators in Ukraine offer several affordable tariffs for pensioners, although most of them have certain activation conditions, according to tehnofan.com. 📡 lif Photo: Getty Images EU countries have increased imports of liquefied natural gas (LNG) from Russia’s Arctic “Yamal LNG” project, amid a global supply squeeze triggered by the energy crisis in the Mi Photo: Boryspil International Airport / Facebook Disruptions in the aviation sector could begin within weeks. If the Strait of Hormuz is not reopened soon, European airports may face a systemic sho Photo: Getty Images This was stated by Volodymyr Zelenskyy, according to his Telegram channel. According to Zelenskyy, Ukraine has already reached agreements with countries in the Middle East to seVerkhovna Rada backs draft law on “OLX tax” in first reading Photo: flickr.com The Verkhovna Rada adopted draft law No. 15110 extending the military levy for three years after the end of the war. A total of 257 MPs voted in favor of the bill both in the first Photo: EPA Due to hostilities and Russian strikes on energy infrastructure, part of consumers in the Odesa Oblast, Sumy Oblast, Kharkiv Oblast, Kherson Oblast, and Chernihiv Oblast temporarily remai Photo: ZN The company appears undeterred by the war in Ukraine and the risks to Europe. Evidence suggests that cellulose acetate produced by the European company Cerdia was purchased by a Russian Photo: Getty Images Ukraine has received nearly $1.3 billion from the government of Japan under the World Bank–backed PEACE in Ukraine project. According to Prime Minister Yuliia Svyrydenko, the Photo: depositphotos Ukraine’s wheat exports have dropped sharply in the current marketing season, with only 55% of the planned export potential realized by the end of March, according to the UkrainNuclear fuel production for Ukraine’s NPPs: Cabinet approves construction of technological complex Photo: depositphotos The Pension Fund is carrying out an automatic recalculation of pensions for those who continue to work. Starting from April 1, higher pensions will be paid to pensioners who ar Photo: depositphotos Although Iran is officially considering U.S. proposals. On Thursday, March 26, oil prices rose around 2%. The market reacted to the lack of agreement between the U.S. and Iran Photo: EPA After a series of incidents involving Russian vessels and Western sanctions, the Kremlin is preparing a comprehensive system to protect its maritime trade. Russia plans to introduce nava Photo: EPA Australia is seeking higher quotas for duty-free beef imports , while Brussels remains cautious about potential backlash from European farmers. The European Union is reportedly in the Photo: Volodymyr Zelenskyy / Telegram The easing of sanctions and new revenues are increasing the risk of escalation in the war against Ukraine. Russian President Vladimir Putin never intended to sLargest oil collapse in history: Iran strikes UAE oil ports and urges civilians to evacuate — Reuters Photo: depositphotos The United States has partially eased sanctions against Russia by issuing a temporary license allowing the sale of Russian oil and petroleum products that have already been load Photo: Getty Images Prices for diesel and autogas have increased at several Ukrainian fuel station networks, while some operators kept their prices unchanged as of March 11 . Key changes Big Photo: Getty Images Oil prices have surged to levels not seen since July 2022, as the global energy market faces a shock more severe than the disruptions during the first Gulf War and Russia’s full- Photo: EPA State-owned Kuwait Petroleum Corporation (KPC) has reduced oil production and refining capacity as a precautionary measure following attacks by Iran and growing threats to shipping throug Photo: depositphotos Oil prices are rising sharply amid the war involving Iran, and an increasing number of energy executives and traders warn that global markets may be approaching a turning point.