The Group of Seven leading economies is discussing imposing a cap on Russian oil prices by imposing restrictions on insurance and shipping, according to people familiar with the matter. The potential mechanism would only allow shipments of Russian c…
European Commission President Ursula von der Leyen recently called on India and other countries to support sanctions against Russia over the Ukraine incident. At The Raisina Dialogue forum, von der Leyen said, "We earnestly appeal to all members of t…
Europe's largest economy, Germany, recently activated an emergency plan to manage gas supplies that the natural gas could be rationed if supplies are disrupted or disrupted by a stand-off over Russian demands to pay for fuel in rubles. German Vice-C…
The biggest immediate challenge for the EU will be replenishing its depleted gas inventories. While the EU could still increase LNG imports from countries such as the US, such purchases would be more expensive.Refilling natural gas storage space to h…