The UK urged its Group of Seven allies to agree a cut to the price cap on Russian oil, saying the move is necessary to put further pressure on President Vladimir Putin to end Russia’s war in Ukraine. ...
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports. By Alan Rappeport Alan Rappeport covers the Treasury Department and has written about the ...
A colder winter and lower gas exports from Moscow would bring energy uncertainty back to Europe. That's according to the International Energy Agency, which downgraded its outlook on gas demand. Lower ...
BRUSSELS, Sept 24 (Reuters) - The European Union and 12 partner countries have met in Brussels to discuss the effectiveness of Western sanctions on Russia and ways to strengthen the G7 price cap on ...
The European Union will postpone plans to set a new price cap on Russian oil. The decision is linked to concerns that a new conflict in the Middle East could lead to a rise in oil prices, Politico ...
HOUSTON, March 6 (Reuters) - The oil market has stabilised because the worst fears about shortages of crude, gas and fuel in the wake of Russia's invasion of Ukraine did not come to pass, Gunvor Chief ...