Oil

German Finance Minister Christian Lindner said he sincerely would like to ban Russian energy imports, but at the moment this is not possible.

The use of US strategic oil reserves is a gesture of desperation, Americanist political scientist Malek Dudakov told Tsargrad.

If the United States fails to replenish the previously unpacked strategic oil reserves, then problems may begin in the country.

Gazprom announced the resumption of gas transportation to China via the Power of Siberia gas pipeline.

Chinese importers of liquefied natural gas (LNG) are planning to purchase this raw material in Russia, as it is sold at a large discount to the market price.

The head of the Austrian company OMV, Alfred Stern, said that Austria is not ready to give up Russian gas.

The most notable reasons for the disagreement are the refusal of the UAE and the Saudis to increase oil production.

The new payment system is likely to be installed at the headquarters of both RBI and VEB.

Deputy Foreign Minister Sergei Ryabkov expressed hope that Europe would reconsider its statement about the impossibility of buying gas for rubles.

The West froze Russian assets in foreign currency, so Russia was forced to take countermeasures and oblige foreign companies to pay for gas in rubles, analyst Sergei Naumov explained.

German Vice Chancellor, Minister for Economic Affairs and Climate Protection Robert Habek said that Germany will not pay for natural gas supplies in Russian rubles.

Russia is ready for alternative options for the supply of its energy resources, including Europe's refusal from them, in which case the resources will be redirected to other markets.

Germany should strive to reduce dependence on energy imports from Russia. This was stated by German Foreign Minister Annalena Berbock.

Germany unlikely to cut Russian gas consumption by 2024.

The rejection of Russian hydrocarbons will lead to serious consequences for the European and world economies.