18/06/2025 – Israel-Iran war: chances grow for US involvement, gas prices at highest since last April – Read more news
GAS & POWER: Yesterday, the European Commission officially unveiled its three-stage Russian gas exit plan: from 1 January 2026, it will be forbidden to sign new contracts for the import of Russian gas; from 17 June 2026, short-term contracts, i.e. those lasting less than a year, will have to be terminated. Long-term contracts will then have to be terminated by 1 January 2028. Exemptions are provided for Hungary and Slovakia, where the previous deadlines are also shifted to 1 January 2028. The debate on the text of the law will take shape as early as the next European Council, scheduled for 26 and 27 June, while it should be noted that unanimity is not required for adoption
OIL: The bullish moment in the crude oil market continues as the possibility of de-escalation in the Middle East diminishes. In this sense, it seems that the next 24-48 hours may also be decisive with regard to a possible US intervention.
OIL: The bullish moment in the crude oil market continues as the possibility of de-escalation in the Middle East diminishes. In this sense, it seems that the next 24-48 hours may also be decisive with regard to a possible US intervention.
