According to Bloomberg’s assessment, foreign state-owned companies — above all from China and Russia — now appear to be among the most exposed if Venezuela’s oil agreements are revised or rewritten.
According to Bloomberg, pricing has been the decisive factor behind the sharp rise in shipments.
Most economists surveyed by the agency believe the rate will be lowered by 50 basis points to 16% on Friday.
The most significant short-term factor behind this slump was a three-day suspension of loading operations at the Kozmino terminal, Russia’s primary hub for Pacific shipments.
As the Trump administration pushes for an end to the war in Ukraine, Russia is signaling readiness to resume business with American companies.
This marks a dramatic reversal from the RUB 696 billion net profit recorded just a year earlier.
This decision comes just one day before a scheduled conversation between Putin and U.S. President Donald Trump regarding a potential 30-day ceasefire.
In February, non-oil-and-gas exports rose by an estimated 12% month-on-month on a seasonally adjusted basis.
Sources familiar with the matter revealed that the White House has instructed the State and Treasury Departments to draft a list of sanctions that could be lifted.
Since 2023, the ministry has consistently front-loaded substantial budget outlays at the start of the year, diverging from previous spending patterns.
Russian banks have experienced a dramatic decline in their physical gold reserves, which now stand at a mere 38 tonnes.
Russia recorded near-record oil and gas revenues in January 2025, defying the impact of new sanctions and rising shipping costs.
Silicon Valley’s tech giants now find themselves in a situation where old approaches are no longer working, and China is rewriting the rules.
