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Europe's extreme dependency on Russian energy products from oil to natural gas is made clear recently from the manner in which they have approached sanctions…
The Biden administration is considering a proposal to tax oil and gas windfall profits to provide a gas subsidy for American consumers struggling with high…
As the US and EU pile on sanctions, Russia finds more ways to avoid them... The week, the EU Sets Harshest Russian Sanctions, Targeting Oil…
Russia's nuclear forces have launched fresh drills northeast of Moscow, in the Ivanovo province, according to new Russian defense ministry statements Wednesday. Reuters cited Interfax…
While US cash markets are closed today, the rest of the world - as well as US futures - are busy levitating amid renewed optimism…
Russia’s finance chief said Moscow is planning a new system for making foreign bond payments similar to the rubles-for-gas scheme in an effort to prevent…
Fresh off of the US targeting a series of companies involved in an Iran-linked oil smuggling network, the US has now seized an oil tanker…
This summer, power grids worldwide won't produce enough electricity to meet the soaring demand, threatening more than one billion people with rolling blackouts. Grids are…
Saudi Arabia has signaled its support for Russia as a continued member of the OPEC+ oil cartel, which comes amid ongoing Western pressure to sanction…
The conventional wisdom at this time is that most of the world has moved on from the pandemic (except for China); therefore, supply chains will…
Avery Vise, vice president, trucking for transport consultancy FTR, has some advice for owner-operators struggling with a massive spike in diesel fuel prices and plunging…
Finland and Sweden formally applied to join NATO on Wednesday in Brussels, driven by the Russia–Ukraine conflict to step out of their neutrality maintained during…
As we detailed yesterday, almost two months after Europe rushed to declare it would impose unprecedented sanctions on Russia in response to Putin's invasion of…
In fresh Monday comments, Turkish President Recep Tayyip Erdogan issued his firmest words of rejection yet concerning Finland and Sweden's announced bids to join NATO.…
Germany, which has long remained the largest buyer of Russian natural gas, has belatedly and bluntly stated as fact what's long been among its greatest…
According to draft proposals obtained by the Financial Times, the European Union is set to ease environmental regulations to replace Russian fossil fuels with renewable…
Adding to its prodigious losses - its shares have fallen more than 70% YTD - shares of electric carmaker Rivian continued to tumble on Monday…
Hungary's Prime Minister Viktor Orbán has again loudly expressed his country's firm rejection of the proposed EU ban on the import of all Russian oil…
Like the old saying goes: Hindsight is 20/20. That's especially true for financial markets and the Federal Reserve. So, while investors wait to see whether…
As part of the new 'imminent' sanctions on Russia - to include a phased ban on all Russian oil by the end of the year…