Why oil prices have fallen despite tighter restrictions on Russian supply
The implementation of a European embargo and a G7 price ceiling on Russian petroleum this week marked a turning point in world geopolitics.
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Russia
4 articles
Europe's energy costs continue to escalate as Russia restricts supply further
European energy prices continue to surge as Russia tightens its hold further on the region's supplies, endangering the economy and critical markets further.
As a result of Russia's reduced gas output, Europe might switch back to coal
On Monday, the largest European consumers of Russian gas were frantically searching for alternative fuel sources and even contemplating increasing…
Germany is one step closer to reducing its reliance on Russian oil
Germany has cut its reliance on Russian crude oil from 35% to 12% and will take efforts in the next days to replace the remaining supply…