EU Proposes Ban on Russian Coal Imports, Ships After Atrocities
Von Der Leyen Outlines New Sanctions on Russia Sign up here to get the latest updates on the Russian invasion of Ukraine. You can also follow us on Telegram here Continue Reading
Who is buying Russian crude oil and who has stopped
Australia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases following Moscow’s invasion of Ukraine, but the European Union remains divided. The bloc’s 27 members Continue Reading
War damage costs Ukraine’s gas transit operator hundreds of millions of euros
Ukraine’s gas transit operator has suffered damages totaling hundreds of millions of euros since Russian forces invaded Ukraine on Feb. 24, its head said on Wednesday. Sergiy Makogon, CEO of Continue Reading
EU will put more sanctions on Russia – Commission head
The European Union will put more sanctions against Russia on top of the latest package announced on Tuesday, likely including measures against imports of Russian oil, the head of the Continue Reading
Oil Fluctuates as EU Avoids Immediate Sanctions on Russia Crude
Goldman Sachs’s Jeff Currie says supply constraints in the global oil market are the biggest since the 1970s. Oil reversed earlier losses as traders assessed the talk of fresh sanctions Continue Reading
European Gas Fluctuates as Supply Risks Counter Weather Outlook
EU May Need Sanctions on Russian Oil, Gas, Michel Says Natural gas prices in Europe hovered between gains and losses as uncertainty over future shipments from Russia countered milder weather Continue Reading
Germans to Face Higher Meat and Dairy Prices as War Boosts Costs
German consumers should expect to pay more for dairy produce and meat as production costs hit “extraordinary” levels, according to the country’s farmers union. Moscow’s invasion of Ukraine has boosted Continue Reading
U.K. Launches New Body to Manage Future Energy System Security
The U.K. will create a new authority to oversee the country’s energy system as it transitions to more low-carbon supplies. The Future System Operator will work to secure Britain’s energy Continue Reading
German Factory Orders Fall as Economy Faces Ukraine War Fallout
German factory orders fell for the first time in four months in the runup to Russia’s invasion of Ukraine, underscoring concerns over slower growth in Europe’s largest economy. Demand declined Continue Reading
Poland to Hike Again as Prices Hit Double Digits: Decision Guide
Poland will probably raise interest rates for a seventh-straight meeting after inflation jumped into double digits even as concerns mount that war in neighboring Ukraine may hurt economic growth. Economists Continue Reading