Hungarian Foreign Minister Péter Szijjártó stated that the country will not stop buying Russian oil due to geographical limitations. This came after Donald Trump expressed his intention to ask Hungarian Prime Minister Viktor Orbán to stop the purchases.
The 50% tariffs on Indian goods introduced by Donald Trump could reduce India's exports by $37 billion, nullifying billions of dollars saved on Russian oil. This decision will have long-term consequences for India's economy and Prime Minister Modi's political standing.
The Ukrainian government has announced a tender for a production sharing agreement at the Dobra site, which holds lithium reserves. This step aims to attract investment and develop value-added industries.
Russian oil supplies decreased by 320,000 barrels per day in the week to August 24 due to infrastructure damage and the doubling of US tariffs on Indian goods. Export volumes to India have fallen by more than 500,000 barrels per day in the last two months.
People's Deputy Petro Poroshenko is speculating on the undermining of the main oil pipeline "Druzhba" by Ukrainian military and is trying to show his involvement in this special operation.
An explosion occurred on the Ryazan-Moscow oil pipeline in the Ryazan region, which supplied fuel to the aggressor's capital. The transportation of oil products has been stopped indefinitely.
Many Russian cities and regions are experiencing fuel shortages after Ukrainian drone attacks on oil refineries. Authorities are introducing fuel rationing, prices are rising, and drivers are queuing for kilometers.
12 people involved in abuses in the defense sector will be prosecuted in Ukraine. Among the suspects are the former head of the Procurement Department of the Ministry of Defense and commanders of military units.
Donald Trump imposed high tariffs on Indian goods due to the country's purchase of Russian oil and weapons. India plans to lower taxes to mitigate the economic impact.
Oil prices stabilized on Wednesday after falling, as the market watched the war in Ukraine. Investors were assessing the imposition of high US tariffs on India.
ExxonMobil is holding closed-door negotiations with Rosneft regarding the resumption of development of Sakhalin-1, subject to permission from the US and Russian governments. Negotiations intensified after Trump's inauguration, and the company received support from the US government.
Hungarian Prime Minister Viktor Orban accused Ukrainian President Volodymyr Zelenskyy of a "direct threat to Budapest" over his statements about shelling the Druzhba oil pipeline. Orban stated that it is impossible to enter the EU through blackmail, explosions, and threats.
Ukrainian attacks on Russian oil refineries disrupted at least 17% of Russia's oil refining capacity, causing a gasoline shortage. Strikes on facilities in Novoshakhtinsk, Ust-Luga, and the Druzhba pipeline are a response to Russian aggression.
The large-scale fire at the Novoshakhtinsk oil refinery in the Rostov region, caused by a drone attack on August 21, was fully extinguished only five days later. The firefighting efforts led to water supply disruptions for tens of thousands of local residents.
Indian refineries plan to reduce purchases of Russian oil to 1. 4-1.6 million barrels per day. This comes amid US pressure and the upcoming doubling of American tariffs on Indian imports.
US and Russian officials discussed energy deals as incentives for peace in Ukraine. Among the ideas are Exxon Mobil's return to Sakhalin-1 and the purchase of American equipment for Russian LNG projects.
The EU is struggling to develop new sanctions against Russia, considering restrictions on the movement of diplomats. An increase in profits for Ukraine from frozen Russian assets is also being discussed.
In occupied Crimea, hits were recorded on the Urozhaina railway station in Krasnohvardiiske and a fuel train in Dzhankoi. A possible strike on an oil depot near the railway in Dzhankoi is also reported.
Brent and WTI oil prices fell after a rise caused by fears of fuel supply disruptions. Traders expect stronger US sanctions against Russian oil and are monitoring the consequences of tariffs imposed against India.
Norway will help Ukraine get through winter and supports gas purchases, said Andriy Yermak, head of the Presidential Office. The meeting between Ukrainian President Volodymyr Zelenskyy and Norwegian Prime Minister Jonas Gahr Støre took place on August 25.
The Trump administration is considering sanctions against the EU or European officials over the Digital Services Act. Washington claims the law restricts freedom of speech and creates costs for American tech companies.
Turkey has begun construction of a 224-kilometer railway line worth $2. 8 billion, connecting the country with Nakhchivan via Azerbaijan. This project will become part of the "Middle Corridor" between China and Europe, bypassing Russia, and can reduce goods delivery time by 10-15 days.
Robert Habeck, Vice-Chancellor of the Scholz government, announced his resignation from the Bundestag effective September 1, 2025. He plans to pursue research and teaching abroad, aiming to distance himself from Berlin politics.
On the Kuril Islands, the sale of AI-92 gasoline to the public has been completely stopped, leaving it only for official needs. The head of the district reported that there is only enough gasoline for special transport, and a new batch is expected "soon."
The Novoshakhtinsk oil refinery in the Rostov region is still burning. Andriy Kovalenko, head of the Center for Countering Disinformation of the National Security and Defense Council of Ukraine, published a video of the burning plant.
Oil prices rose sharply due to fears of disruptions in Russian oil supplies after hits on Russian territory. Expectations of lower interest rates in the US also positively affected global growth and fuel demand forecasts.
Hungarian Foreign Minister Péter Szijjártó stated that Ukrainian President Volodymyr Zelenskyy used a national holiday to threaten Budapest. Szijjártó called on Zelenskyy to stop threatening and attacking energy security.
Slovak Foreign Minister Juraj Blanár stated that attacks on the Druzhba oil pipeline threaten fuel supplies to Ukraine. The Slovak plant Slovnaft provides 10% of Ukraine's diesel consumption.
US Vice President J. D. Vance stated that the Trump administration is considering new sanctions against Russia's oil industry. The goal is to force Moscow to agree to a peace deal with Ukraine using economic pressure.
President Zelenskyy stated that Ukraine has always sought partnership with Hungary. Now, the further state of these relations depends exclusively on Hungary itself.
