Energy
In May, airlines canceled 13,000 flights due to fuel prices jumping to $1,838. The largest reductions were recorded in Istanbul and Munich.
The government is allocating nearly 4 billion hryvnias for the capital's heat supply but criticizes the slow pace of work. Klitschko must provide schedules and contracts by May 10.
GTSOU and GAZ-SYSTEM will hold an auction to increase gas import capacities from Poland. The project envisages supplies of up to 10.2 million cubic meters per day.
The White House is preparing a memorandum on ending the war and limiting Iran's nuclear program. The document provides for the lifting of sanctions in exchange for a moratorium on uranium.
The Foreign Intelligence Service stated that Belarus is shifting to an austerity regime due to the Russian Federation's financial problems. The authorities are already cutting spending on healthcare and regional projects.
The UAE plans to withdraw from OPEC and increase oil production. This will crash global prices and make Russian exports unprofitable due to high production costs.
Due to shelling, some consumers in three regions are without electricity. No restrictions are forecasted, but the public is asked to conserve electricity during evening hours.
Trump and Lula will discuss the economy and the impact of the war in Iran on markets in Washington. The parties will also touch upon the issue of critical mineral supplies.
Global oil inventories fell by 200 million barrels in April due to the war in the Middle East. Fuel reserves have reached an eight-year low.
Trump has suspended the escorting of vessels in the Strait of Hormuz to finalize a deal with Iran. The blockade of ports and economic pressure on Tehran remain in effect.
The US has allowed Venezuela to hire advisors to prepare for the restructuring of $60 billion in debt. Direct payments and negotiations with creditors remain prohibited for now.
Saudi Aramco has cut the price of Arab Light crude for Asia by $4 per barrel. The cost remains at record levels due to the war and restrictions in the Strait of Hormuz.
The US has completed the military operation Epic Fury against Iran. The new mission, Project Freedom, will ensure the safety of navigation in the Strait of Hormuz.
Russian strikes across Ukraine killed 27 people and injured 120. The occupiers attacked civilian infrastructure and killed 12 people in Zaporizhzhia.
The Government of Kazakhstan plans to stop importing electricity from the Russian Federation in 2027 thanks to new capacities. The country continues its course towards reducing dependence.
A drone attack halted operations at the Kirishi Refinery due to damage to three distillation units. The facility accounted for approximately 7% of Russia's oil refining.
Zelenskyy discussed diplomacy in the Middle East and condemned Iran's strikes on the UAE. Ukraine is preparing new security solutions for Bahrain and the Gulf countries.
Schools and universities will receive autonomous power sources to operate during blackouts. Universities must develop projects to attract donor funding.
Over the past year, the Federation of Trade Unions of Ukraine has restored communication with the government and parliament, intensified social dialogue, and achieved concrete results for workers—ranging from wage increases to the settlement of arrears to labor collectives.
Gazprom declared a profit thanks to accounting adjustments and rising prices for Russians. Export revenues are falling due to new European Union sanctions.
Due to enemy attacks, some residents in four regions are without electricity, and there are fatalities at gas facilities. No power outage schedules are forecasted for today.
The Russian Federation attacked energy facilities in five regions, killing four people in the Poltava region. Zelenskyy promises a mirror response for the shelling of infrastructure.
At night, the enemy attacked gas production enterprises in the Poltava and Kharkiv regions with drones and missiles. Five people were killed, and another 37 were injured.
Scott Bessent urged Beijing to use diplomacy to unblock the Strait of Hormuz. The issue will be discussed by Trump and Xi Jinping at the summit in Beijing.
As a result of the repeated strike on Poltava region, two rescuers and two civilians were killed. Another 31 people were injured, three of whom are in serious condition.
The IAEA recorded damage to the meteorological equipment of the ZNPP laboratory following reports of a drone attack. Rafael Grossi called for maximum restraint near nuclear facilities.
Brent rose to 114 dollars following Iranian attacks on vessels and a UAE oil port. The U.S. military destroyed six Iranian boats in the Gulf.
Valdis Dombrovskis stated that the EU economy is slowing down and inflation is rising. New forecasts will depend on the conflict and energy prices.
Rheinmetall's revenue amounted to 1. 9 billion euros, compared to the expected 2.3 billion euros. The company attributes this to payment deferrals and an accident at its Spanish plant.
A 62-year-old man was wounded and private houses were damaged in Dnipro due to Russian shelling. Hits on two critical infrastructure facilities were also recorded.