Gate News message, April 21 — Russia is technically prepared to resume oil shipments to Hungary through the Friendship Pipeline, according to Kremlin spokesperson Dmitry Peskov on April 21. However, he noted that resuming transit operations depends on actions taken by Kyiv.
Peskov stated that the pipeline’s oil flow was halted due to what Russia characterizes as extortion by the Ukrainian government. The Friendship Pipeline, a major crude oil transport route linking Russia to Central Europe, has been a point of contention amid ongoing tensions between Moscow and Kyiv.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Powell’s final dance? Middle East conflict pushes inflation higher; the Fed is expected to hold steady this week
This week, central banks around the world announced their interest-rate decisions, and the market expects the Federal Reserve to keep rates unchanged. The conflict in the Middle East has escalated; shipping through the Strait of Hormuz has been disrupted, pushing up energy and raw material prices and increasing global inflation pressure. As a result, central banks are taking a cautious wait-and-see approach. The estimated U.S. GDP is 2.2% annualized, and PCE has risen, indicating that economic resilience and inflation are coexisting. The market generally believes that the Fed will maintain interest rates. Powell may be hosting for the last time during his tenure, and the Warsh appointment path is also affected by the DOJ incident.
ChainNewsAbmedia23m ago
Oil Prices Rise Over 2% Amid U.S.-Iran Talks Stalemate and Hormuz Strait Constraints
Gate News message, April 26 — Global crude oil prices climbed on April 27 as U.S.-Iran peace negotiations stalled and shipping constraints persisted in the Strait of Hormuz, tightening global crude supply. Brent crude futures rose $2.22, or 2.11%, to $107.55 per barrel, while West Texas Intermediate
GateNews1h ago
CFTC Faces Enforcement Crisis as 24% Staff Cuts Hit Insider Trading Oversight in Crypto and Prediction Markets
Gate News message, April 26 — The U.S. Commodity Futures Trading Commission (CFTC) has cut 24% of its workforce since Donald Trump returned to office, leaving the agency at its lowest staffing level in 15 years amid growing insider-trading risks across crypto, oil futures, and prediction markets. Th
GateNews2h ago
Trump Says Iran Should Act Wisely, but U.S. Will Win Regardless
Gate News message, April 26 — In an interview on April 26, U.S. President Trump commented on the Iran situation, stating that America's greatest advantage is having destroyed Iran's navy and air force, with Iran's leadership now replaced. Trump noted that the current Iranian leadership is mixed—some
GateNews9h ago
Hong Kong Finance Chief Chen Maobo: Global Asset Allocation Diversification Accelerates, Digital Asset ETFs Emerge as Key Investment Option
Gate News message, April 26 — Hong Kong's Financial Secretary Chen Maobo published a commentary titled "Converging Greater Energy Through Innovation and Collaboration," outlining the latest perspectives on global asset allocation trends and ETF market development. Chen emphasized that global
GateNews16h ago
Super Central Bank Week: Fed Rate Decision and Key Economic Data Releases Amid Geopolitical Tensions
Gate News message, April 26 — The week ahead marks a "super central bank week" with the U.S. Federal Reserve set to announce its interest rate decision. Markets have tracked Middle East developments closely, with U.S. stock indices reaching all-time highs despite ongoing geopolitical risks.
Key
GateNews21h ago
