Economy & Business

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US threatens to sanction buyers of Russian oil

US threatens to sanction buyers of Russian oil

US companies will be allowed to buy seaborne Russian oil but face fines if they...

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EU country’s citizens saving on food to pay for energy – survey

EU country’s citizens saving on food to pay for energy...

Over 70% of Greeks are cutting back on food to pay their energy bills, a new survey...

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Germany is ‘prepared’ for Russian gas halt – Scholz

Germany is ‘prepared’ for Russian gas halt – Scholz

Germany is prepared for energy supply disruptions, and can cope if Russia shuts...

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China boosts exports to Russia

China boosts exports to Russia

Chinese exports to Russia soared in August despite Western sanctions against Moscow,...

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US to sanction buyers of Russian oil who pay above price cap – US Treasury

US to sanction buyers of Russian oil who pay above price...

US companies will be allowed to buy seaborne Russian oil but face fines if they...

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Power prices in Finland skyrocket – grid operator

Power prices in Finland skyrocket – grid operator

Electricity prices in Finland have soared to record highs, the country’s power grid...

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Iran looks to boost trade with Russia

Iran looks to boost trade with Russia

Trade turnover between Russia and Iran is expected to jump by the end of the year...

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Germany’s energy plan could cost more than it saves – media

Germany’s energy plan could cost more than it saves – media

Berlin’s directive to turn off outdoor advertising at night to save energy may prove...

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World’s largest rice exporter restricts shipments

World’s largest rice exporter restricts shipments

Major global rice exporter, India, has reportedly curbed shipments to provide domestic...

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Germany frustrated with neighbors over gas –  Bloomberg

Germany frustrated with neighbors over gas – Bloomberg

EU member states are reluctant to sign bilateral deals with Berlin to share gas...

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Ukraine faces winter food shortages – economist

Ukraine faces winter food shortages – economist

Ukraine may face food insecurity this winter while it’s focusing on bartering grain...

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Russian oil flows to EU via hidden maritime routes – Nikkei

Russian oil flows to EU via hidden maritime routes – Nikkei

Ships carrying Russian oil have been arriving at ports in Greece, Belgium, and elsewhere...

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UK to bail out struggling energy companies – Guardian

UK to bail out struggling energy companies – Guardian

The Bank of England has set up a fund to bail out UK energy companies that face...

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EU fails to agree Russian gas price cap – Hungary

EU fails to agree Russian gas price cap – Hungary

EU energy ministers did not reach a decision on setting a price cap on Russian gas,...

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Germany frustrated over neighbors’ gas-sharing reluctance –  Bloomberg

Germany frustrated over neighbors’ gas-sharing reluctance...

EU member states are reluctant to sign bilateral deals with Berlin to share gas...

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Major LNG supplier issues dire warning to EU

Major LNG supplier issues dire warning to EU

Greater worldwide LNG demand, including from China, could leave Europe short of...