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Tuesday 16 December 2025

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Context on Markets
Publications How Will the Ukraine Crisis Shape the World Energy Market?

Fuad Shahbazov By Fuad SHAHBAZOV, Baku-based independent regional security and defence analyst

Russian military aggression against Ukraine launched almost two months ago has clearly signalled a change in the traditional world order and triggered the unprecedented reaction of the Western coalition led by the U.S. The ongoing conflict between Russia and Ukraine has left the global energy market uncertain, threatening to cause severe energy shortages and oil prices exceeding $110 per barrel.
Since the Russian intervention in Ukraine kicked off, numerous sanctions packages have been imposed on Russia, hitting mostly financial institutes and state-owned companies. This resulted in Western countries’ consolidation, and the collective refusal of Russia-related transactions and import of Russian natural gas, oil, and coal. READ MORE

  • May 12, 2022
News Russia readies for approval of second COVID-19 vaccine: official

Russia is preparing to approve a second vaccine against COVID-19 in late September or early October, Russian Deputy Prime Minister Tatiana Golikova said on Wednesday.

  • August 26, 2020
News Kazakhstan says it has secured supplies of Russian COVID-19 vaccine

Kazakhstan has signed a deal to get supplies of Russia’s first potential COVID-19 vaccine once clinical trials are complete, the Central Asian nation’s government said on Wednesday.

  • August 26, 2020
Publications Ukrainian Gas Transit: Still Vital for Russian Gas Supplies to Europe

Jack Sharples By Jack Sharples, Research Fellow of the Oxford Institute of Energy Studies and EGF Associate Researcher on the External Dimensions of Russian Gas

With European gas import demand having risen substantially since 2014, Gazprom has dramatically increased its sales on the European market. In Q1 2018, Gazprom reported record daily gas exports to Europe in late February and early March. This Comment addresses the question of how those volumes were delivered to the market, and the extent to which the infrastructure for delivery of those volumes was used, highlighting that, in times of peak European gas import demand, full utilisation of the Nord Stream and Yamal-Europe pipelines left Ukraine as the only transit route with spare capacity. READ MORE

  • May 16, 2018
Publications Status Report: The Ukrainian Navy

By Eugene Kogan, Tbilisi-based defence and security expert

Undoubtedly, the Russian annexation of Crimea in March 2014 caused serious damage to the Ukrainian Naval Forces. About 70 per cent of the fleet has been lost and what remained is in poor shape and in need of repairs.
The resulting conflict in the Eastern part of Ukraine drew attention, energy and resources away from the difficult state of the Ukrainian Navy towards the urgent needs of the army and air force. The perilous state of the economy has further decreased financial support for the Navy’s needs. In addition, a debate on the conceptual vision of the Navy divided the expert community and top naval personnel for about 15 months. READ MORE

  • April 27, 2018
News Russia accuses Washington of leaking diplomats' bank details

Russia’s foreign ministry on Thursday accused U.S. officials of leaking to the media confidential financial details of Russian diplomats working in the United States, and demanded that those responsible be punished.

  • January 18, 2018
News Democrats target Russia, Trump on election meddling

Democratic U.S. lawmakers accused Russia on Wednesday of a “relentless assault” on democratic institutions worldwide, and called on President Donald Trump to treat election interference as a national crisis.

  • January 10, 2018
News Putin critic Navalny barred from Russian presidential election

Russian opposition leader Alexei Navalny was barred on Monday from running in next year’s presidential election after officials ruled he was ineligible to take part due to a suspended prison sentence he says was trumped up.

  • December 25, 2017
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