In July 2025, Russian Energy Minister Sergey Tsivilev announced at the Shanghai Cooperation Organisation (SCO) Business Forum that a majority of energy trade among SCO member states is now conducted in national currencies, marking a significant shift in global economic dynamics. This development, as reported by TASS on July 16, 2025, underscores the SCO’s growing … Leggi tutto The Geopolitical and Economic Implications of National Currency Energy Trade within the Shanghai Cooperation Organisation: A 2025 Perspective