At the 28th St. Petersburg International Economic Forum, Rosneft CEO Igor Sechin delivered a speech reshaping the global narrative on energy and power. Titled *“The Global Economy’s Odyssey for the Golden Fleece,”* his address proposed a strategic vision in which Russia, Iran, and Venezuela form an indispensable axis to ensure planetary energy security.
On Wednesday, the 28th edition of the St. Petersburg International Economic Forum (SPIEF) kicked off, bringing together over 20,000 delegates from 140 countries, including Venezuela, Brazil, Mexico, and Cuba. In a world marked by conflicts, sanctions, and shifting alliances, the forum has reaffirmed itself as a vital platform for Russia to pursue international cooperation, offer an economic alternative, and strengthen strategic ties with partners in the Global South to break Western efforts to isolate it. SPIEF is often described as the “Russian Davos,” that is, the Russian counterpart to the World Economic Forum held annually in Davos, Switzerland.
The U.S. Treasury Department does not plan to renew the license that allows Monómeros to conduct financial transactions despite sanctions.
Francisco Rodríguez is a renowned Venezuelan economist, who today is a professor at the Josef Korbel School of International Studies at the University of Denver.
Iran and Venezuela are approaching the finalization of a trade agreement that will eliminate tariffs on raw materials and other goods between the two nations.
The European Commission, the executive branch of the bloc, announced that the decision was made following a “thorough evaluation” and…
The increase would have an immediate and profound impact on Venezuelans’ wallets, directly affecting transportation and trade costs. Photo: Archive…
An alleged list of companies that signed “productive participation contracts” (CPPs) with PDVSA was recently leaked. There has also been talk of…
While Chevron was the main U.S. producer of Venezuelan oil, the product found a long list of buyers in the East Coast.
The Jose Blending Plant of PDVSA, located in the José Antonio Anzoátegui Industrial Complex in Barcelona, Anzoátegui, was expanded in…
