Economy & Business
Hungary opposes ‘dangerous’ EU gas plan
Joint purchases and a price cap on Russian gas could lead to a reduction in supplies...
Bezos issues dire warning for US economy
The US economy faces a significant risk of recession, Jeff Bezos says, pointing...
EU inflation smashes historic high
EU inflation has skyrocketed to almost 11% last month driven by soaring energy costs,...
EU countries urged to share gas
Joint gas purchases would help avoid competition within the EU, the European Commission...
US may sell more oil from strategic reserves – media
The US may sell 10 to 15 million barrels of oil from its strategic petroleum reserve...
UK inflation back to double digits
The cost-of-living crisis worsened for Brits in September on rising food and housing...
Record grain harvest predicted for Russia
The Russian Grain Union has said it is expecting the biggest grain harvest ever...
Rosneft gets into oil shipping ahead of EU embargo
Rosneft is expanding its tanker business to oil shipments for customers amid looming...
India eyes bigger stake in Russian oilfields – Reuters
India’s ONGC is planning to retain its stake in Sakhalin-1 following a change in...
EU rolls out energy crisis plan
The package of measures will include tools for joint gas purchasing and price limiting...
Russian oil exports surge ahead of EU embargo – Bloomberg
Türkiye, India, and China are the main destinations for Russian crude oil, but exports...
Germany facing retail collapse – Der Spiegel
A sharp drop in consumption and soaring energy costs are badly hurting the retail...
EU can’t agree on gas price cap – Bloomberg
The European Commission is planning to propose measures to ease the energy market...
US oil giant leaves Russia empty-handed
ExxonMobil has announced a complete withdrawal from Russia, citing “termination”...
European gas prices drop to lowest since June
European gas prices retreat on mild weather forecasts and nearly full storages Read...
US warned of winter blackouts – WSJ
Gas supplies in several states in the Northeastern United States could run low in...
