News

MOL asks Japan for help amid EU sanctions against Russian LNG vessels
The company has appealed to the Japanese government for help after the EU imposed sanctions on three of its tankers carrying Russian LNG.

EU considering lowering “price ceiling” for Russian oil to $45, but no decision yet
The European Commission, together with key EU member states, is pushing for a reduction in the export price cap for Russian oil from $60 to $45 per barrel.

Ukrainian grain exports halved in May
In May, the volume of grain and leguminous crops exports from Ukraine fell more than twice compared to the same period last year.

Ukraine, Romania and the EU agreed on further steps for the development of Danube ports
A trilateral meeting of representatives of Ukraine, Romania and the European Commission was held in the city of Galati within the framework of the “Paths of Solidarity” initiative.

Russia begins naval escort of shadow fleet tankers
After Russia promised to take measures to protect its ships, it began escorting tankers from its “shadow fleet” in the Gulf of Finland.

France supports return of quotas for Ukrainian agricultural products
The French government complained about grain imports from Ukraine, stating that they were “destabilizing the market.”

In July, the EU will introduce duties of up to 100% on fertilizers from Russia and Belarus
The European Parliament has supported a significant increase in tariffs on Russian and Belarusian fertilizers and some agricultural products.

Shares of Russian “Sovcomflot” fell amid Trump’s attacks on Putin
The leader of the decline was Gazprom, whose shares fell by 3.5%, Rosneft shares fell by 1.4%, and Sovcomflot – by 2.6%.

EIB allocates €300 million in guarantees to support trade with Ukraine
The European Investment Bank (EIB) is implementing a program of export credit guarantees worth 300 million euros.

Ukraine’s transport sector suffered $36 billion in losses due to the war, — Kuleba
Due to the full-scale Russian invasion, the transport sector of Ukraine suffered losses of $36 billion.