Coal

The World Bank (WB) believes that further escalation of the conflict in the Middle East could threaten to increase oil prices by 75% — up to $ 157 dollars per barrel. Such an assessment is given in the October report of the World Bank "Prospects for commodity markets".

Due to the European embargo imposed from August 10, 2022 on the import of coal from the Russian Federation, the volume of Russian exports by the end of last year sank by 7.5%. China and India are among the main economic partners of Russia at the moment, which partially offset the decline.

The Association of value-added grain processing companies (Starch Union) presented the results of the industry for 2022. The added value grain processing industry continues to grow slowly but steadily.

Serbia produces 70% of its electricity from coal and 30% from hydropower, with the remainder coming from wind and solar. Despite government plans to transition to green energy solutions