Global demand for oil and gas will eventually start to wane, Maksim Oreshkin has predicted The oil and gas sector is not the most promising part of the Russian economy as global demand for crude is expected to fall in the long term, Maksim Oreshkin, the top economic adviser to President Vladimir Putin, stated on…

Despite opposition from multiple members, the bloc wants to press ahead with the controversial step The European Union will reportedly not impose an eighth round of sanctions on Moscow unless its member states agree to include a price cap on Russian oil exports.

Proposals for ending membership in the international organizations have been sent to the parliament Russia’s lower house of parliament, the State Duma, is planning to discuss the potential withdrawal of the country from the World Trade Organization (WTO) and the World Health Organization (WHO), according to Pyotr Tolstoy, the vice speaker of the parliament.