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Russia warns of risk of oil shortage

Russia sees global oil demand increasing, and in 2025 it is expected to reach 104.6 mln barrels per day, but in 2024, it amounted to roughly 1.3 mln barrels per day, Russian Deputy Prime Minister Alexander Novak said at the 7th Russia-China Energy Business Forum in Beijing.

SPIEF 2026 scheduled for June 3-6

The St. Petersburg International Economic Forum (SPIEF) will be held in 2026 on June 3-6, the Roscongress Foundation said.

Baku suggests making Zangezur corridor part of North-South corridor

The Zangezur corridor will not only connect the main part of Azerbaijan with Nakhchivan, but will also become a new route for interregional transportation, both in the East-West direction and in the North-South direction, since it will create an alternative way of delivering Russian goods to Iran, Azerbaijani President Ilham Aliyev said at the opening of the 3rd Shusha Global Media Forum in Khankendi.

Baku suggests making Zangezur corridor part of North-South corridor

Putin to deliver speech at SPIEF 2025

Russian President Vladimir Putin will take part in the plenary session of the 28th St. Petersburg International Economic Forum (SPIEF) on June 20, Kremlin Spokesman Dmitry Peskov said.

Putin to deliver speech at SPIEF 2025
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