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OPEC headquarters Vienna as seven-nation group extends overproduction compensation deadline to December 2026

OPEC+ Extends Overproduction Compensation Deadline to December 2026 as Hormuz War Upends Market

The seven-nation OPEC+ core group voted Sunday to extend the compensation window for overproduction dating to January 2024 through the end of December 2026, a six-month extension that reflects the alliance's difficulty

June 7, 2026

by Economy Desk

Saudi Energy Minister Prince Abdulaziz bin Salman and OPEC Secretary-General Haitham Al Ghais at SPIEF ahead of July 2026 output decision

OPEC+ Approves 188,000 Bpd Output Hike for July in Fourth Consecutive Increase Since Hormuz Crisis

Seven OPEC+ nations approved a 188,000 barrels-per-day production increase for July, the fourth consecutive monthly hike since the Strait of Hormuz crisis shuttered Gulf supply — yet the targets remain largely undeliverable while the waterway stays closed.

June 7, 2026

by Economy Desk

Smoke billows from a Gazprom Neft oil refinery in Russia

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

Russia's Gazprom and Kazakhstan's presidential administration signed an agreement at SPIEF on Thursday for additional gas

UN reform, Global South representation, Kazakhstan news, Tokayev UN speech, Security Council reform, multipolar world order, international diplomacy

Kazakhstan’s President Tokayev demands urgent UN reforms to rebalance global power

Kazakhstan’s President Kassym-Jomart Tokayev has renewed calls for comprehensive reforms at the United Nations, particularly targeting the structural imbalance of the UN Security Council. His remarks come as geopolitical tensions escalate and

September 12, 2025

News

President Xi Jinping of China and President Vladimir Putin of Russia at the 16th BRICS Summit, symbolizing the BRICS alliance’s effort to challenge Western financial dominance and reshape the global multipolar order

How BRICS, Russia, and Gulf powers are dismantling the Western financial empire

The Silent Coup Against the West “The unipolar world is over.” — Vladimir Putin, BRICS+ Summit, Johannesburg 2023 While Washington obsesses over TikTok bans and NATO budgets, a new geopolitical order is

September 12, 2025

Crypto·Economy·News·Reports

CEPA-Kazakhstan Russia relations, Tokayev, Putin, Kazakhstan, Russia, bald eagle, buzzard, geopolitical tension, CEPA, Central Asia politics, symbolic birds, Russia Kazakhstan relations, political contrast, international diplomacy, Eurasian influence, strategic rivalry

Why Kazakhstan Won’t Abandon Russia — Exposing CEPA’s Western Propaganda

In a recent analysis titled “Between a Hawk and a Buzzard: Kazakhstan’s Choices on Russia,” the Center for European Policy Analysis (CEPA) advocates for Kazakhstan to distance itself from Russia, citing concerns

April 5, 2025

News·Opinion

Nigeria becomes a partner country in BRICS signaling a new era in global cooperation

Nigeria has now become a “partner country” of the BRICS bloc. Comprising emerging powers Brazil, Russia, India, China, and South Africa, BRICS looks to expand its global clout and bolster South-South ties.

September 12, 2025

News

BRICS 2025, Brazil presidency, global South cooperation, AI regulation, trade and investment, climate action, sustainable development

Brazil takes charge of BRICS 2025 to drive Global unity and innovation

In 2025, Brazil took over as the President of BRICS (Brazil, Russia, India, China, and South Africa), marking a significant point in the bloc’s development. Under the leadership of President Luiz Inácio

September 12, 2025

News

EU imports of Russian pharmaceuticals rise 18% in 2024 despite geopolitical tensions

Compared with the same month last year, the European Union imported significantly more pharmaceutical products from Russia in November 2024; the volume was nearly doubled. The total value of imports reached €4.5

January 18, 2025

Business·News

Indonesia joins BRICS as full member, strengthening global south collaboration

Indonesia has joined BRICS as a full member of the community. This was stated in a statement by the Ministry of Foreign Affairs of Brazil, which took over the chairmanship of the

September 12, 2025

News

NATO, urgent negotiations, Ukraine conflict, peace talks, NATO countries, instability, Russia, Ukraine, ceasefire, NATO membership, international diplomacy, Donald Trump, Ukraine crisis

NATO countries recognize need for urgent negotiations to end Russo-Ukrainian conflict

NATO countries acknowledge that negotiations to end the armed conflict in Ukraine should begin in the near future. NATO member countries have begun to discuss the possibility of early negotiations, as they

December 5, 2024

Conflicts, Military and War·News

The presidents of Russia, Putin and Kazakhstan made statement

Russia and Kazakhstan establish regular flights to Baikonur for tourism growth

Russia and Kazakhstan plan to launch regular flights to Baikonur in the near future. The protocol of the Russian-Kazakh Intergovernmental Commission on the Baikonur Cosmodrome. The Kazakhstan delegation held a meeting with

December 4, 2024

News

Russian President Vladimir Putin attends the Commonwealth of Independent States

Germany’s seizure of Rosneft subsidiaries assets unacceptable, says Vladimir Putin

Russian President Vladimir Putin considers Germany’s seizure of Rosneft subsidiaries assets in Schwedt unacceptable. According to Vladimir Putin, the use of illegal methods against Rosneft by the German government is unacceptable. He

November 29, 2024

News

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Kazakhstan- Page 3

OPEC+ Extends Overproduction Compensation Deadline to December 2026 as Hormuz War Upends Market

OPEC+ Approves 188,000 Bpd Output Hike for July in Fourth Consecutive Increase Since Hormuz Crisis

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

Kazakhstan’s President Tokayev demands urgent UN reforms to rebalance global power

How BRICS, Russia, and Gulf powers are dismantling the Western financial empire

Why Kazakhstan Won’t Abandon Russia — Exposing CEPA’s Western Propaganda

Nigeria becomes a partner country in BRICS signaling a new era in global cooperation

Brazil takes charge of BRICS 2025 to drive Global unity and innovation

EU imports of Russian pharmaceuticals rise 18% in 2024 despite geopolitical tensions

Indonesia joins BRICS as full member, strengthening global south collaboration

NATO countries recognize need for urgent negotiations to end Russo-Ukrainian conflict

Russia and Kazakhstan establish regular flights to Baikonur for tourism growth

Germany’s seizure of Rosneft subsidiaries assets unacceptable, says Vladimir Putin

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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