Russia and the Central African Republic have outlined plans for oil and gas cooperation over the next three years, according to a minister. CAR Minister of Energy Development and Water Resources Opportune Edwige Pouninguinza stated that the two countries also have a roadmap for developing joint projects in the water sector.

Carbon dioxide emissions from fossil fuels are expected to drop this year for the first time in five years. The slowdown has been partly attributed to the energy shock triggered by the US and Israel’s war on Iran.

Russian Foreign Minister Sergey Lavrov stated that Russia intends to assist in stabilizing the global energy market. He further asserted that Russia ranks among the leading exporters of hydrocarbons to Asia, Africa, and Latin America.

The Russian Central Bank chief called sharp growth of prices the most unfair of all possible types of taxes