The Druzhba pipeline, a major oil conduit from Russia to Europe, has halted oil flows to Slovakia and Hungary. The reason for the disruption is unclear, but it comes amid…
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The European Union (EU) is steadfastly committed to phasing out all Russian energy imports as part of its response to the ongoing conflict in Ukraine and to bolster its long-term…
Oil prices have fallen significantly, with Brent crude dropping below $70 per barrel for the first time since December 2021. This decline is attributed to a combination of factors, including…
Brent crude oil futures experienced a downward trend, settling lower on December 19, 2024. This decline can be attributed to several factors, including a stronger US dollar, which makes dollar-denominated…
Despite escalating geopolitical tensions and the ongoing conflict in Ukraine, Russian energy giant Gazprom continues to supply natural gas to Europe through Ukrainian pipelines. This commitment to existing contracts ensures…
Ukraine and Poland are actively pursuing a new gas transit agreement to reduce Europe’s reliance on Russian gas. This potential deal comes as Ukraine’s existing gas transit contract with Russia…
Nippon Steel’s proposed acquisition of US Steel is facing significant scrutiny from the Committee on Foreign Investment in the United States (CFIUS). CFIUS, which reviews foreign investments for potential national…
U.S. crude oil futures rose on [Date of news release – check a reliable source for the exact date], settling at $70.58 per barrel, marking a 0.71% increase. This upward…
Brent crude oil futures prices saw a modest increase, settling slightly higher in recent trading. This uptick comes despite ongoing concerns about global economic growth and its potential impact on…
Gazprom, the Russian state-owned energy giant, has resumed liquefied natural gas (LNG) deliveries to Italy through its Portovaya terminal. This development comes after a brief suspension caused by a transport…