01/04/2025 – US sanctions threats against Iran and Russia push up crude oil prices – Read more news

GAS & POWER: Slovak utility SPP announced that it will significantly increase its imports of Russian gas from April onwards, guaranteeing the security of filling its storage facilities: the growth in volumes will be possible thanks to some capacity arrangements from the south via Turkstream as well as swap deals at other entry points on the Continent

OIL: Crude oil prices reached their highest levels in five weeks: after initial tentative reactions, the market reacted upward again to the threats of new US sanctions against Russia and Iran, while the improvement in the manufacturing PMI index in China added further support on the demand front