Economy

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 Internation

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 it

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

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 se

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 Ukrain

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 s

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.

Photo: Getty Images Ukrainian gas stations have sharply raised fuel prices. The main reason is tension in the global oil market due to the conflict in the Middle East. However, further price spikes

Photo: Getty Images Ukraine receives first $1.5B IMF tranche: funds to cover priority budget spending Ukraine has received the first $1.5 billion tranche of financial assistance from the Interna

Photo: EPA Iranian attacks across the Persian Gulf have dealt a major blow to the region’s critical energy infrastructure. Shipping through the Strait of Hormuz — the strategic chokepoint that carri

Photo: depositphotos Tanker traffic through the Strait of Hormuz has partially stopped, causing sharp increases in oil prices as market participants anticipate potential closures due to the U.S.-Isr

Photo: EPA The coordinated US and Israeli attacks on Iran, along with Tehran’s retaliatory missile strikes across the Persian Gulf, are already forcing oil traders to halt shipments through the Stra

Photo: Getty Images Slovakia’s Economy Ministry says it relied on information from the Ukrainian side when stating that oil transit through the Druzhba pipeline could resume by February 26. However,

Photo: Getty Images Gold prices rise to $5,230 amid tariffs and iran tensions Gold climbed for a fourth consecutive day, reaching around $5,230, driven by new 15% tariffs from U.S. President Donal

Photo:  depositphotos  The International Register of Damage has announced the launch of a new compensation category, A1.2, bringing the total number of claim categories to 14. The new category app

Photo: depositphotos U.S. President Donald Trump announced an increase in the global tariff on imports from 10% to 15%, a move that came just one day after the Supreme Court of the United States rul

Photo: depositphotos Starting February 18, lifecell , one of Ukraine’s three largest mobile operators, will increase prices on its popular plans while also expanding the amount of data that can be