Europe’s average gas price climbs 50% in July to $637 per 1,000 cubic meters

Europe’s average gas price climbs 50% in July to $637 per 1,000 cubic meters Gas futures were trading at around $510 per 1,000 cubic meters on June 30, but closed at $709 on July 31© Dan Kitwood/Getty ImagesMOSCOW, August 1. /TASS/. Europe’s average gas price climbed 50% year-on-year in July to about $637 per 1,000 cubic meters amid renewed Middle East tensions, according to ICE exchange data and TASS calculations. Gas futures were trading at around $510 per 1,000 cubic meters on June 30, but closed at $709 on July 31, marking a 39% increase from the previous month. In addition, Europe’s gas price in July was 55% above the average level recorded in July 2025 and 19% higher than in June. Russia not to pay membership fee to OECD Nuclear Energy AgencyMoney will instead be allocated to the state nuclear corporation RosatomRead morePolish foreign ministry presents note of protest to Russian ambassadorPolish foreign ministry spokesperson Maciej Wewior noted that it was a very brief, professional meetingRead moreItaly notifies Brussels of suspending Schengen with Spain for 30 days — sourceThe emporary reinstatement of border controls will apply to passengers arriving in Italy by sea or air transport as Italy has no land border with SpainRead moreSanctions against business part of attempts to defeat Russia — MedvedevThe Russian politician expressed confidence that such attempts are doomed to failureRead moreWildberries successfully repelling majority of attacks on its warehouses — KimThe company has completely overhauled fire safety operations at its warehouses since 2024, the founder of Wildberries and head of RWB saidRead moreThousands of migrants flood into Spain’s Ceuta as authorities try to stem tideThe migrant run on Ceuta is the largest since a similar inundation in 2021Read moreRussia to supply Kyrgyzstan with 100,000 metric tons of fuel monthlyRussia accounts for about 90-95% of gasoline, diesel fuel, and aviation kerosene supplies to the republicRead moreWeapons supplies to Kiev fall into European mafia hands — expertAlexander Stepanov said that it transforms European organized criminal groups and communities into paramilitary combat units equipped to carry out a wider range of tasksRead moreRussia once again being threatened with draconian sanctions — MedvedevThe West’s sanctions policy "assumed a comprehensive, systemic character" in 2014, the Russian Deputy Security Council Chairman notedRead moreChina to step up unmanned technologies use in army — Xi JinpingAccording to the Chinese leader, combat readiness remains the main guideline and criterion for military modernizationRead moreNornickel shares up 6.6% on Moscow ExchangeShares turned upward following the release of the company’s financial results under International Financial Reporting Standards for the first half of the yearRead moreWorld Arm Wrestling Federation reinstates Russia at int’l competitionsRussian Sports Minister Mikhail Degtyarev stated that the decision is aligned with the general course of the international sports community towards the full-fledged return of Russian athletesRead moreExplosion reported in southeastern Ukrainian city of DnepropetrovskNo further details were availableRead moreTrump says rare earth deal allows US to take resources it needs from UkraineThe US leader recalled that it "was a pretty good deal"Read moreRussia’s energy sector cuts import dependence by over 20% since 2014 — expertAccording to Alexey Fadeyev, Russian oil and gas companies are developing their own technologies, while government support also plays an important roleRead moreNornickel’s net profit more than doubles to $2 bln in 1HRevenue rose by 28% in the reporting period to $8.3 blnRead moreRussian forces liberate 32 communities in July 2026 — TASS estimatesMost of the communities were in the Kharkov Region and the Donetsk People's RepublicRead moreAround 60,000 migrants flood Spain’s CeutaAccording to Spanish media, thousands of migrants swam to Ceuta from Morocco, while others covered the distance on footRead moreRussian troops liberate 12 communities in Ukraine operation over week — top brassRussia’s Battlegroup North inflicted roughly 1,495 casualties on Ukrainian troops and destroyed 16 enemy armored combat vehicles in its areas of responsibility over the week, the Defense Ministry reportedRead moreOver 1,000 people went missing in Venezuela during earthquakeGovernor Jose Alejandro Teran said that the earthquake affected 8.55% of the stateRead moreRussian woman’s body found in suitcase in vicinity of Belgrade: what we knowAccording to the media outlet, several people, including a Turkish citizen, were detained on suspicion of her murderRead moreUS aware of Iran's nuclear developments without Israel — TrumpThe US leader stressed that there is no need for Israeli Prime Minister Benjamin Netanyahu to publicly state that he intends to reveal something on this topicRead moreWhat we know about detention of terrorist organization member for scouting defense sitesAccording to the FSB, posing as an employee of a logistics and transport company, the detainee conducted reconnaissance of strategically important facilities in seven Russian regions and sent information via messenger to the handlersRead moreMoscow court seizes Jehovah’s Witnesses’ properties in Russian regionsThe court invalidated the deals between the Jehovah’s Witnesses Togliatti and Jehovah’s Witnesses in Sweden regarding 123 real estate properties, including 63 residential and commercial properties with a total area of more than 11,000 square metersRead moreRussian hockey chief Tretiak urges unbiased CAS approach in Russia’s IIHF caseOn July 30, the IIHF announced a decision to extend Russia’s suspension from international tournaments until 2027Read moreFACTBOX: Pashinyan, Russia respond over Armenia rail concessionThe Armenian PM suggested that Yerevan could seek $2 bln per year from RussiaRead moreAnother series of explosions reported in KievAn air raid warning remains in effect for the Ukrainian capitalRead moreUkrainian attack on Sevastopol kills one civilian — governorEleven houses were damagedRead moreSuspects confess to murder: what is known about disappearance of two Russians in ThailandThe Thai police detained two suspects in connection to the disappearance of the Russian citizens in PattayaRead moreEurope’s 'silence of lambs,' war with Russia, Ceuta: Foreign Ministry commentRussian Deputy Foreign Minister Alexander Grushko stressed that at present the EU is focused on the tasks of militarization, "demonization" of Russia and preparations for war with itRead moreUS redirects 30 vessels amid Iran naval blockade — CENTCOMAccording to CENTCOM, more than 20 US naval vessels are deployed in the Middle EastRead moreHamas says disarmament depends on complete withdrawal of Israel from GazaThe Palestinian radical movement also mentioned the start of the work of an administrative committee, the deployment of international forces and "guarantees of the rights to self-determination, the creation of an independent Palestinian state" as conditionsRead moreIN BRIEF: Calls for suspending Schengen Agreement with Spain and pressure on MoroccoEuropean Commission President Ursula von der Leyen demanded "swift returns" of migrants from the Spanish city of CeutaRead moreRussian gaming industry ready for international cooperation — diplomatThe presence of Russian companies at Asia’s largest digital entertainment exhibition is an important step toward strengthening business ties, exchanging unique expertise, and exploring new forms of strategic partnerships, Ivan Bryukhovetsky notedRead moreSiberian bear medevacked to Moscow diagnosed with traumatic spinal injuryKuzya the bear was rescued from a fire near KrasnoyarskRead moreExplosions reported in Ukrainian capitalNo further details were availableRead moreKiev shelling people, preventing their evacuation from Konstantinovka — expertAccording to Vitaly Kiselev, Kiev "doesn't regard the remaining residents of Konstantinovka as human beings"Read moreFIFA drops plan to sell World Cup commercial rights stake to investors — newspaperThe controversial plan collapsed following opposition from football officials around the world and a major rift among senior FIFA executives, the newspaper saidRead moreUS needs to be careful with licenses for production of its weapons — Trump on UkraineThe US leader said that Washington had not agreed to supply Kiev with either Patriot system technology or Tomahawk cruise missiles, and questioned this possibilityRead moreFire breaks out at Wildberries warehouse in VolgogradThe company said the facility had previously been attackedRead morePress review: Logic behind Kiev attacks outside Russia and EU fights for sanctions lifeTop stories from the Russian press on Tuesday, July 28thRead moreRussia deploys Black Kite drones to special military operation zoneAccording to the manufacturer, the drones, equipped with an autonomous navigation system, can deliver cargo to a designated point and return to base, even if communication, telemetry, or GPS are unavailableRead moreSpanish PM blames migration crisis in Ceuta on activities of mafia groupsAccording to Pedro Sanchez, "mafia groups involved in human trafficking" have exploited a Supreme Court ruling related to the deportation of illegal migrantsRead moreGeorgia’s GDP grows 7.9% year over year in 1H 2026Growth was recorded in manufacturing, transportation, construction, information and communications, and financial and insurance activitiesRead moreExport loading on Russian Railways network up 3.4% in 1HChief Executive Officer Oleg Belozerov also noted an increase in container shipmentsRead moreWest trying to provoke nuclear incident to start open war with Russia — expertRenat Karchaa noted that the section of the front line where Energodar and the ZNPP are located is overseen by UK military expertsRead moreRussian stocks close in the green on FridayThe ruble-denominated MOEX Index increased by 0.75%, he dollar-denominated RTS Index added 1.25%Read moreFires at Wildberries facilities, 258 drones: aftermath of attacks on Russian regionsAccording to latest reports, four people were injuredRead moreSpaceX turns head as Ukraine uses Starlink for strikes against Russia — expertAccording to Dmitry Kuzyakin, the corporation's management deliberately ignores the problem for the sake of political dividends and enormous financial benefits from equipment salesRead moreRussia must wage active defense against Western sanctions — MedvedevThe politician urged to consider which tools to use in the futureRead moreRestrictions on Pavel Durov unrelated to Telegram — watchdogAt the same time, organizations involved in financial transactions and deals with other property are obliged to freeze assets of those designated as terrorists and extremists in Russia, the federal agency saidRead moreRussian drone operators destroy 120 Ukrainian UAV control posts in Kharkov area over monthAccording to the chief of Planning and Counter-UAV Operations of the 11th Army Corps, the destruction of Ukrainian UAV control posts helps reduce the activity of Ukrainian kamikaze and hexacopter drones at certain sectors of the engagement lineRead moreKim rejects accusations by terrorists regarding sale of military goods on WildberriesThe founder of Wildberries and head of RWB recalled that the adversaries themselves had previously stated that the attacks were aimed at ordinary Russian citizensRead moreFACTBOX: What to know about possible suspension of Hungary’s Paks nuclear plantThe plant is expected to suspend operations starting August 3Read moreZelensky totally unreasonable, tries to scale up conflict — diplomatMaria Zakharova noted that the head of Kiev regime was trying to engage as many countries as possible into his terrorist actionsRead moreRussia’s Kazan submarine to fire hypersonic missile first time in 2020Previously, the hypersonic missile was has only been with a ground launcherRead moreHundreds of migrants who reached Spain’s Ceuta ask for permission to go back to MoroccoAccording to the online news website, hundreds of adults and minors have inundated the El Tarajal border checkpoint, asking for permission to voluntarily leave the autonomous Spanish cityRead moreUkrainian strikes on Zaporozhye nuke plant pose risk of radioactive contamination — expertThe drone was detected in close proximity to the transporter storage building, which is used to move containers with spent nuclear fuelRead moreUS, Israel plan to carry out large-scale strikes on Iran’s energy infrastructure — TVEnergy infrastructure including power plants and refineries, would likely be targetedRead moreRussian forces hit over 80 vessels involved in cargo deliveries for Ukrainian army in JulyAmong them were two dry cargo ships, a sea ferry transporting military cargo and a screening boat, the Russian Defense Ministry saidRead moreKiev takes over from ISIS, Al-Qaeda as global destabilizing force, expert saysMilitary expert Boris Rozhin emphasized that Ukraine has taken over the role as a key destabilizing force in sovereign countriesRead moreRussian cabinet bans mining in Moscow Region, parts of Kursk Region until 2032The territories in the Kursk Region subject to restrictions on mining activities include eight municipal districts and the city of LgovRead moreNon-commodity exports from Russia exceed target by 7% in 2025 — ministryThe total volume of non-commodity non-energy exports reached around $163.7 blnRead moreIN BRIEF: What we know about Ceuta migration crisis and causes behind itSpanish Prime Minister Pedro Sanchez visited Ceuta as he characterized the influx of migrants as "an attack, a violation of the territorial integrity" of the kingdomRead moreSenior Russian diplomat blames failed EU migration policy for Ceuta crisisAccording to Russian Deputy Foreign Minister Alexander Grushko, Russia expects Spain to resolve the issue while complying with legal norms and the principles of humanityRead moreUkrainian army abandons weapons in three settlements while retreating — Defense MinistryThe Russian Defense Ministry earlier reported that Battlegroup North units established control over the settlement of Yurchenkovo in the Kharkov RegionRead moreNext round of US strikes on Iran could last several days — newspaperAccording to the newspaper, Donald Trump has complained to confidants that the memorandum of understanding signed by Washington and Tehran was ultimately meaninglessRead moreRussian envoy likens migrant influx into Ceuta to fall of RomeKirill Dmitriev accompanied his post with Thomas Cole's painting "Destruction" from "The Course of Empire" series and a photograph from CeutaRead moreWest to produce weapons for Ukraine in neighboring NATO countries — expertAccording to Alexander Stepanov, the Terminal Autonomy plant destroyed in Kiev was part of a hybrid modelRead moreRussian Geran, Gerbera drones, Lancet loitering munition hit 3 ships with military cargoesRussian forces carried out four strikes on targets involved in the transportation of weapons and military equipmentRead moreEU seeks seat at Ukraine talks while refusing to hear Moscow — Russian diplomatMaria Zakharova added that the West had blocked access to all alternative viewpointsRead moreWest was covering up crimes of Kiev regime that led to Ukraine’s tragedy, Lavrov says"During this entire period, the population of DPR and LPR was subjected to abuse, perennial shelling on the part of the Kiev regime that openly adopted a course towards Russophobia and genocide," the Russian top diplomat notedRead moreUS sees profits as key foreign policy goal, Russian diplomat saysAccording to Rodion Miroshnik, the United States is doing everything possible to preserve and strengthen its hegemonyRead moreRussia developing new air defense system against Ukrainian UAVs — expertYevgeny Poddubny highlighted three key conditions for successful defense against enemy UAVs: the presence of radar stations, mobility, and well-coordinated interaction of unitsRead moreFIFA abandons plan to sell World Cup commercial rights stake to investors — presidentFIFA President Gianni Infantino noted that he intends to bring all interested parties back together in the coming days and weeks in the spirit of shared interest in footballRead moreUkrainian military carries out 39 attacks on residential areas in DPR in past dayTen civilians were reported injuredRead morePresident says attempt made to seize power in KyrgyzstanThe country’s leadership has taken "all possible measures to prevent the escalation," according to the presidentRead moreUkrainian ports handling military cargoes are legitimate targets for Russia — MPThe Russian Defense Ministry regularly reports strikes on Ukrainian ports used for delivering military supplies to the Ukrainian armed forcesRead moreBorei-class subs to be mainstay of Russia’s seaborne strategic nuclear forces — commanderMeanwhile, multi-purpose ships and submarines of five-six Projects, basically, the carriers of long-range precision weapons, including hypersonic missiles, will lay the basis for the Fleet’s general-purpose seaborne forcesRead moreUkrainian positional defense tactics collapsing under Russian army pressure — officialYevgeny Lisnyak noted that the main problem for the Ukrainian armed forces is the lack of personnel and the quality of reinforcementsRead moreRussia wins silver in Diving Mixed Team at 2026 European Aquatics Championships in ParisRussia’s silver medalists are Nadezhda Trifonova, Yekaterina Belyayeva, Grigory Ivanov and Ruslan TernovoyRead moreEnding special military op in 2026 optimal, provided Russia achieves goals — legislatorGrigory Karasin emphasized that Russia stands its ground and wants to "fully accomplish the tasks that were set by the president"Read moreIN BRIEF: Belarus tips Poland off about plot to attack opposition figure’s childrenAccording to the former operative of Belarus’ State Security Committee, the attack was being planned by former journalist Denis Dashkevich, a member of the Belarusian oppositionRead moreTrump declines to give timeframe for ending Iran warThe United States and Israel launched a war against Iran on February 28Read moreWildberries rapidly restructuring logistics to maintain delivery speeds — KimThe company has always found solutions to the problems that arose and sees no reason why the current situation should be an exception, the founder of Wildberries and head of RWB notedRead moreRussia at important point of completing special op — MedvedevThe Russian Security Council Deputy Chairman addressed volunteers of the United Russia Young Guard and the Volunteer Company departing to the special military operation zoneRead moreIndia sends invitation to Russia for BRICS summit — government sourceIndia holds the presidency of the association this yearRead moreUkrainian troops run for lives out of Konstantinovka in Donbass — expertAccording to Vitaly Kiselev, there was no Ukrainian commanders in the cityRead moreRussian security officials put overall Ukrainian losses at roughly 3 millionAccording to various estimates, the figure has long exceeded 1 millionRead morePutin’s trust rating exceeds 70% — pollsterAs many as 42.6% of respondents approved the Russian government’s workRead morePress review: Putin-Xi-Trump meeting rumors swirl while Kiev plays Poland against RussiaTop stories from the Russian press on Friday, July 31stRead moreDenmark proposes suspending Spain's Schengen membership — AFPDanish Prime Minister Mette Frederiksen added that she had already spoken with Italian Prime Minister Giorgia Meloni, who proposed suspending the Schengen Agreement with SpainRead moreRussia not to pay membership fee to OECD Nuclear Energy AgencyMoney will instead be allocated to the state nuclear corporation RosatomRead moreKim reports billions in losses for foreign entrepreneurs due to attacks on WildberriesTerrorist attacks on Wildberries warehouses constitute force majeure events, the founder of Wildberries and head of RWB saidRead moreKiev intensifies attacks on civilians, killing 61 Russians over past week — diplomat327 people were injuredRead moreGlobal demand for gold jewelry falls to 278 tons in Q2 — WGCIn the first half of the year, global demand for jewelry in value terms rose by 22% year-on-year to $86 blnRead morePoland not target of object that fell in southeast of country — TuskThe Polish PM said that the US was interested in investigating the circumstances of the incidentRead moreDeal with Iran still possible — TrumpUS President said that he is losing faith in the Iranian authorities because "they do lie, and they do misrepresent" ongoing behind-the-scenes contacts between Washington and TehranRead moreEight injured, one in intensive care: what we know about Kiev’s attack on busAccording to the Health Ministry, three people are in moderate conditionRead moreSpain’s Ceuta sees migrant 'invasion' — PoliticoAccording to the report, the crisis in Ceuta has provoked criticism of the migration strategy of the Spanish governmentRead moreZelensky complains about difficult situation for Ukrainian forces on frontlineAccording to Zelensky, the situation in the Konstantinovka and Slavyansk areas, as well as in the Zaporozhye Region, is of particular concern to KievRead more