Coal miners in the temporarily occupied territory of Luhansk Oblast report mass layoffs due to the bankruptcy of the company that owns the mines, as well as a lack of proper payments.
This is being reported by Russian media.
The mines in question are “Krasny Partizan,” “Dolzhanskaya-Kapitalnaya,” and the Sverdlov Mine, which were previously transferred to the Russian company “Trading House ‘Donskoy Coal.’” In early January, workers were warned of layoffs within two months, allegedly due to “restructuring,” and by March, the enterprises had closed. At the same time, people have still not been paid for the days they worked in 2026, one of the miners said.
According to the workers, they received their last paycheck back in December, after which payments ceased. People complain that they have been left without work and means of subsistence, and have received no explanations from local authorities or relevant agencies. At the same time, on paper, they were supposedly credited with all payments—vacation pay, compensation, and benefits—which in some cases amount to hundreds of thousands of rubles. In total, about 1,200 people were left without work.
How muchdid Russia earn during the easing of sanctions — NYT.
U.S. Energy Secretary Chris Wright stated that the global oil market will reach a price peak within the next few weeks.
OPEC oil exports plummeted to a record low in March — Reuters.
As a reminder, oil prices remain above $100 following the resumption of Iraqi supplies.
Also, the price of oil could rise to $200 per barrel due to the war between the US and Iran.