OPEC+ will once again increase oil production, allowing Western firms to increase shipments of Russian crude. Earlier this year, the Western energy sector began to consider how it might carefully return to Russia if peace is reached in Ukraine. Due to falling oil prices, Greek vessels transported 26% of Russi... #Greece #OilProduction #OPEC #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia
Gas prices in Ukraine have risen to a record high, surpassing European prices. Kyiv is preparing for imports through a new route via Greece. On May 26, natural gas prices in the Ukrainian market reached ₴23,000 per 1,000 cubic meters (including VAT). The cost of gas has climbed to the highest level in over two years and exceeded European m... #energyukraine #gasprices #Greece #TransBalkanCorridorUkraine #UkraineGasImports
Greece calls on the EU to establish a €100B fund for its defense. Greek Prime Minister Kyriakos Mitsotakis, while preparing for a new EU defense strategy, has proposed creating a fund of at least €100B for the EU’s overall defense budget. Mitsotakis’ pro... #DefenseIndustryEU #DefenseSpending #EUdefense #Greece #KyriakosMitsotakis #WeaponsProduction