The measure might trigger provide disruptions, the nation’s power minister warns ...

The price of meals will surge once more this month within the Eurozone’s second-largest economic system ...

Sanctions on Russia, together with inadequate funding into manufacturing, will trigger a “major problem” subsequent yr, a prime analyst has warned ...

Limits on refined oil merchandise will go into impact on February 5 ...

The EU and G7 proceed to debate the precise degree, searching for to keep away from main disruptions throughout the worldwide market ...

Refined merchandise buying and selling at a premium, or offered at a reduction, to crude will probably be capped otherwise ...

Importers shopping for crude at a reduction could also be affected by extra sanctions ...

Historically Europe-bound Arctic oil grades at the moment are heading East, Reuters experiences ...

The identical rule applies to the nation’s crude, in keeping with earlier steerage from the division ...

International locations that assist the measure may have a troublesome time making an attempt to substitute misplaced Russian provides, Mamdouh Salameh says ...