Russia
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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…
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Europe Faces Deadline to Replace Russian Natural Gas Imports Completely
The United States and the European Union announced on March 25 a joint plan that gives the continent…
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Russia Demands Ruble Payment for Natural Gas Exports Abroad Suddenly
European utilities and energy traders are confronting a difficult ultimatum: secure Russian rubles for gas payments or face…
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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…
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High Energy Costs Trigger Unrest Across Europe
On March 19, 2022, high energy costs triggered unrest in parts of Europe, particularly in Spain, France, and…
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Biden Bans Russian Oil as US Gas Hits Record $4.17
At $4.17 a gallon, the national average for regular gasoline hit a record on March 8, 2022. That…
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Biden bans Russian oil, warns of higher prices at US pumps.
WASHINGTON: President Joe Biden announced that the U.S. will ban all Russian oil imports. Toughening the toll on…
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Indonesia to Boost Crude Imports Amid Low Global Oil Prices
Indonesia has announced plans to increase its crude oil imports following a dramatic drop in global prices. Brent…
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Oil price plunges as Saudi Arabia retaliates with Russia
The prices of oil fell sharply on Monday following Saudi Arabia’s launch of price war against Russia which…
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OPEC advances meeting to discuss oil price cuts amid coronavirus
Originally scheduled in March, the Organization of the Petroleum Exporting Countries and its allies decided to convene earlier…
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OPEC Rushes Emergency Meeting as Virus Threatens Oil Markets
The Organization of the Petroleum Exporting Countries, together with its ally Russia, has rescheduled its next gathering to…
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