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RUSSIAN ENERGY CUTOFF
How a US blockade on Iran has sanctioned ships turning aroundThe US Navy’s blockade of Iran is showing impact, with sanctioned vessels turning back or halting after crossing the Strait of Hormuz. Offi...- Iranian oil arrives in India just ahead of US waiver expiryIndia has received Iranian oil shipments. This marks the first imports in seven years. The nation is securing volumes before a US grace per...
- ECB’s Christine Lagarde’s alert: Prices may rise faster than in 2022 due to Iran warEuropean Central Bank chief Christine Lagarde warns businesses might raise prices quicker due to recent inflation experiences. She notes th...
- Russia prepares 10% cut to 'non-sensitive' spending in 2026, sources sayAs economic challenges mount, the Russian government is deliberating on a significant 10% cut to discretionary spending. The viability of t...
- EU nears deal to ban Russian gas by 2027Negotiators for EU member states, the European Parliament and the European Commission are set to meet Tuesday evening in Brussels to finali...
- Russia announces budget changes aimed at reducing oil revenue dependencyRussia's Finance Ministry plans to implement a new measure next year. This aims to protect the state budget from oil price fluctuations and...
- Explained: Why is natural gas still flowing from Russia to Europe across Ukraine?Russian natural gas continues to flow through Ukraine’s pipeline network to Europe despite the ongoing conflict and sanctions. This gas, pa...
- The 3 Baltic nations plan to accelerate their exit from Russia's power grid by almost a yearThe prime ministers of the three Baltic countries agreed Thursday to speed up their nations' disconnection from Russia's power grid by near...
- Europe faces 'unprecedented risk' of gas shortage, IEA saysEuropean leaders say the cutback in Russian gas is energy blackmail aimed at pressuring governments over their support for Ukraine and sanc...
- Ukraine N-plant loses power line; Moscow makes Europe sweatUkraine's and Europe's largest nuclear plant was once again knocked offline in the early hours of Saturday amid sustained shelling that des...
- US putting the oil price cap hat in the ringIndia's position on securing affordable energy has been received well by the West, and it is in no one's interest that oil prices shoot up ...
- Russia to introduce new budget rule of $60 per barrel of oil -VedomostiForeign currency purchases were suspended early this year amid sharp volatility in the value of the rouble in the weeks before Moscow sent ...
- Turn out the lights, brace for Russian gas cutoff: Emmanuel MacronThe Russian invasion of Ukraine and ensuing sanctions have aggravated other factors driving up prices for energy and others goods. With no ...
- Russia again cuts natural gas exports thru European pipelineThe state-owned energy giant said on Twitter that deliveries through the Nord Stream 1 pipeline to Germany would be cut again Thursday, bri...
- Russia reduces natural gas through European pipeline againThe new cut came a day after Gazprom said it would reduce flows by 40% after Canadian sanctions over the war in Ukraine prevented German pa...
- Finland says Russia suspending natural gas suppliesFinland is the latest country to lose the energy supply, which is used to generate electricity and power industry, after rejecting Russia's...
- What's the fallout from Ukraine's pipe shutdown?The pipeline handles around a third of Russian gas heading to Europe. The Ukrainian operator said the gas flows could be made up through an...
- EU to commit to phasing out dependency on Russian energyThe EU leaders meet in Versailles outside Paris for a two-day summit starting Thursday and will be working on ways to reduce their dependen...
- Europe scrambles to reduce dependence on Russian gasNatural gas prices hit a record Thursday for a second day in a row as restrictions on oil and gas were increasingly treated as a possibilit...
- Joe Biden to meet Qatar leader as energy worries loom in EuropeQatar is one of the world's larger suppliers of liquefied natural gas and is among countries that the US is hoping could aid Europe should ...
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