Economy

After a year of booming exports to the EU, Ukraine’s dairy industry faces new duties and quotas, risking stagnation and economic losses.

OPEC+ plans to increase oil production, which may cause Brent prices to fall below $60 per barrel, according to Bloomberg estimates.

The US is preparing to impose a 17% tariff on agricultural imports from the EU. Brussels seeks a compromise while preparing symmetrical countermeasures.

Russian gas exports to the EU fell by 47% in the first half of 2025, reaching their lowest level since the 1970s due to declining pipeline volumes.

The IMF has updated its adverse scenario for Ukraine during the 8th EFF program review, highlighting elevated risks and revised macroeconomic forecasts.

Orlen has officially ceased purchasing Russian oil for its Czech refinery “Litvínov,” marking the end of a long-standing dependence on energy imports from Russia.

Despite EU promises, European manufacturers remain dependent on Chinese critical raw materials, says AMG Lithium.

Russia sees import delays from Kazakhstan, Armenia, Georgia, and Kyrgyzstan due to tighter customs control under sanctions. Consumer prices could increase by 10%.

Ukraine increased wheat exports to Egypt by 19% in the 2024/25 MY, with total deliveries expected to exceed 2.1 million tons, securing Egypt’s strong position.

Inter RAO reduced electricity exports by 4% due to falling deliveries to China and low water levels at hydropower reservoirs, reports Baltimore Chronicle.