Tag: Oil
Ukraine war drives the US, EU deal to undercut Russian energy
BRUSSELS: With stunning speed, Russia’s war in Ukraine is driving Western Europe into the outstretched arms of the United States again. Especially apparent when...
Putin wants ‘unfriendly countries’ to pay rubles for gas.
MOSCOW Russia: President Vladimir Putin announced that Russia will demand that “unfriendly? countries pay for Russian natural gas exports only in rubles from now...
UK inflation hits a 30-year high of 6.2% as Sunak readies response.
LONDON UK: British inflation shot up faster than expected last month to hit a new 30-year high. Worsening a historic squeeze on household finances...
High energy costs trigger unrest in parts of Europe.
MADRID Spain: High energy costs are stoking unrest in parts of Europe, with Spain deploying more than 23,000 police officers in cars and helicopters....
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit sentiment
SYDNEY: Asian stocks were in the red on Tuesday as surging COVID-19 cases in China hit the confidence of investors. Who is already worried...