Energy
The US and the EU plan to set minimum prices for critical minerals. The agreement aims to create supply chains independent of Chinese exports.
Ukraine plans to complete the restoration of the damaged oil pipeline by the end of spring. Hungary is blocking an EU loan to Kyiv due to delays in oil supplies.
The blocking of the Strait of Hormuz will cause fuel shortages and disruptions at EU airports. Oil prices have exceeded $100, ending the era of cheap tickets.
The Defense Forces attacked the LSP-1 and LSP-2 platforms a thousand kilometers from the front. The facilities supplied the occupation army with fuel and lubricants.
Due to rising fuel prices, carriers have introduced additional fees for tourists. The surcharge amount depends on the cost of diesel and the length of the chosen route.
The government has simplified the procedures for purchasing energy equipment and works to protect it until 2026. Data in Prozorro will be hidden for the safety of facilities.
In Russia's Volgograd region, drones hit a main diesel oil pipeline. The facility is a strategic artery for fuel supply to the south of the Russian Federation.
The President of Ukraine believes that the restriction of the messenger's operation is related to the Russians' preparation for unpopular decisions. This could be an escalation or the end of the war.
Ukrainian specialists are helping Middle Eastern countries create modern sky defense systems. Experts are sharing their experience in shooting down jet drones.
Zelenskyy announced cooperation with Oman, Kuwait, and Bahrain. Ukraine will receive air defense for energy, oil, and diesel in exchange for military expertise.
Due to enemy attacks, residents of five regions of Ukraine were left without electricity. Hourly power outage schedules are in effect in all regions throughout the day.
Foreign Minister Andriy Sybiha supported the initiative for an Easter truce. Ukraine is ready for reciprocal steps in response to a ceasefire from the Russian Federation.
Serhiy Kovalenko named the reasons for the energy deficit due to shelling of regions, repairs, and cold weather. The system operates as a single entity throughout the country.
Donald Trump called on Iran not to charge for the passage of ships through the Strait of Hormuz. He also stated his intention to prevent the emergence of nuclear weapons.
Russian troops attacked the center of Konotop, injuring one person and damaging gas networks. Three cars were destroyed, and residents of damaged housing are being relocated.
Enemy UAVs damaged energy facilities and port infrastructure in Odesa region. There are no casualties, and the aftermath and fires are being dealt with.
The cost of Brent and WTI increased due to the halt of tanker traffic and reduced production in Saudi Arabia. Experts predict a price of up to $190 per barrel.
In Yevpatoria and Saki, electricity disappeared due to network overload by military facilities. There are also disruptions in GPS and internet services.
The International Maritime Organization opposes transit fees through the strait due to the threat to freedom of navigation. Iranian officials initiated this idea.
The British Prime Minister called for strengthening defense and energy independence due to global instability. The war in Iran should be a turning point for the country.
Strikes on fields and pipelines reduced production by 10% of exports. World oil prices rose by 30% and are approaching $97 per barrel.
Russia's special representative is holding talks in the US on Ukraine and oil sanctions. The meetings are taking place as the term of easing restrictions comes to an end.
The number of vessels in the strait has decreased from 140 to 7 per day. Global oil supplies have fallen by 20 percent due to the blocking of tankers in the Persian Gulf.
The Head of the Presidential Office stated that Ukraine's positions are strengthening due to attacks on Russia's oil and gas complex. According to him, Putin is being informed about these painful strikes on the energy system.
Defense Forces attacked an oil pumping station in Krasnodar Krai and UAV warehouses. Tor M1 air defense system and logistics facilities in Donetsk and Luhansk regions were also destroyed.
Expert Viktor Halchynskyi explained the increase in flight costs by the shortage of jet fuel and lack of reserves. Low-cost airlines will change their business model.
Ukrenergo is introducing restrictions for industrial and household consumers due to the consequences of Russian attacks. Citizens are urged to consume energy sparingly.
Authorities used military equipment to remove trucks and tractors from Foynes and Whitegate ports. Protesters are demanding lower fuel taxes.
IMF head Kristalina Georgieva warned of a slowdown in global growth due to the conflict. Even a peace agreement will not return the economy to the status quo.
British Defence Secretary John Healey warned Putin of retaliation for damage to cables and pipelines. British forces stopped a covert operation by Russian submarines.