French President Emmanuel Macron condemned the US-Russia diesel agreement as inappropriate and warned of a Western rift, while protests over surging fuel costs erupted across France. Concurrently, Kyiv reported 15 energy facilities damaged in recent strikes, and Hungary requested an extension of sanction exemptions for Russian crude oil.
Global market
French President Emmanuel Macron sharply criticized the US-Russia diesel supply deal, calling it inappropriate and warning of growing division among Western allies. His statement coincided with widespread protests across France over surging fuel costs and living expenses, where police used tear gas against demonstrators in Paris, Lyon, and Marseille. In fuel supply developments, Hungary announced plans to seek an extension of US sanction exemptions for Russian crude oil imports, which expire in November. Additionally, global airline executives forecast years of financial strain due to high jet fuel prices, while Turkey aims to double its Black Sea natural gas production by 2027.
Russia & CIS
Ukrainian President Volodymyr Zelenskyy reported that massive Russian strikes hit 15 power generation and transmission facilities across multiple regions, describing it as one of the largest attacks on Ukraine’s energy network. In frontline regions, a Ukrainian drone struck a residential building in Enerhodar, damaging an apartment without causing a fire. In civil aviation, Nizhny Novgorod Airport accommodated 22 flights diverted from Moscow due to airspace restrictions, while a flight from Egypt landed in Helsinki following temporary airspace closures in Saint Petersburg. In industrial mining, Vorkutaugol reported that conditions stabilized at the Komsomolskaya coal mine in Komi following carbon monoxide concerns.
Armenia
Protests in France over fuel prices and Hungary’s push to extend Russian oil exemptions underscore heightened global energy volatility. Simultaneously, Turkey’s plan to double Black Sea gas production by 2027 shifts regional supply dynamics. Against this backdrop, retail prices for petrol, diesel, and compressed natural gas in Armenia remain stable. Uninterrupted natural gas imports from Russia and generation at the Armenian Nuclear Power Plant continue at full capacity under long-term EAEU agreements, shielding the domestic market from price volatility recorded by international market price assessments.