Economy

Photo: EPA Yemen's Iran-aligned Houthi movement has announced a maritime blockade of Saudi Arabia, raising fresh concerns over global oil supplies, while oil prices briefly climbed before easing

Photo: VesselFinder Russia is exporting increasing volumes of crude oil that its refineries can no longer process after intensified Ukrainian drone strikes, Bloomberg reported, citing tanker-track

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 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 — Khmeln

Photo: Getty Images Kyiv residents could face temporary power outages on Tuesday, June 30, as energy providers have published preliminary electricity restriction schedules. According to information

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: 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 rel

Photo: flepic Prices for fresh seasonal produce in Ukraine continue to decline even despite recent colder weather, according to EastFruit. 🍓 Berries and fruits The price of garden strawb

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: 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: facebook.com KabminUA Prime Minister Yuliia Svyrydenko said that, in addition to Sense Bank, Ukrgasbank has been identified as a priority candidate for privatization, with preparatory work al

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: 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: EPA Ukraine has proposed a new cooperation framework called Drone Deals to its international partners, while finalizing all institutional procedures required to launch arms exports. This was a

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: 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:  depositphotos The closure of the Strait of Hormuz by Iran showed how quickly a strategic maritime corridor can turn into a weapon with global consequences. But there is a place where a crisi

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: 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: Press Service of the Verkhovna Rada of Ukraine On April 8, the Verkhovna Rada of Ukraine adopted draft law No. 15111-d in its first reading, amending the Tax Code regarding the taxation of di

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: 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 Ukraine’s government has approved the construction of a modern technological complex for producing nuclear fuel assemblies for the country’s nuclear power plants. The project w

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: 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: EPA Reuters reports that Iran attacked oil terminals in the United Arab Emirates, urged civilians to evacuate areas near ports, and warned of further strikes on American facilities in the Per

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-