MOSCOW, March 20. /TASS/. One of the primary causes of the current global energy crisis is the escalation of geopolitical tensions and non-market competition by the United States for sales markets, Deputy Head of Gazprom Oleg Aksyutin said in an article published in the holding’s corporate magazine.

Russia’s First Deputy Minister of Energy Pavel Sorokin said earlier that Russia may reduce oil refining in 2024, but due to these volumes, oil supplies for export will increase

Skyrocketing energy prices sent real wages plummeting in 2022 more than in any year since 1950, new research has shown.

Russian fast-food chain Vkusno i Tochka, which replaced McDonald’s after the US company left the country due to sanctions, more than doubled its revenues last year, according to an earnings report cited by Interfax.

Doing business in the sanctioned country poses a reputational risk, the European Central Bank has warned

Azerbaijan is a flourishing market and is not re-exporting vehicles to the sanctioned country, a British motoring group has claimed