OPEC+ is looking to increase production ahead of restrictions on Russian oil

Group delegates said Saudi Arabia and other OPEC oil producers are discussing increasing production, in a move that could help heal the rift with the Biden administration and keep energy flowing amid new attempts to undermine Russia’s oil industry over the war in Ukraine. Delegates said increasing production by up to 500,000 barrels per day … Read more

Janet Yellen says some of Russia’s sanctions could extend beyond the end of the Ukraine war

Nusa Dua, Indonesia – US Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any final peace deal with Ukraine, raising the prospect of a long-term US effort to squeeze the Russian economy. Ms. Yellen said any final peace deal would include a review of the sanctions that the … Read more

Europe investigates unexplained gas leak in Nord Stream pipelines

BERLIN – European authorities are investigating mysterious leaks on two currently closed Russian natural gas pipelines to Germany, with officials telling ships to stay away from the area. accidents for her No effect on gas supplies in Europe Since both links are not currently in use. Germany halted Nord Stream 2 pipelines in February due … Read more

Russian President Vladimir Putin says Xi Jinping has raised China’s concerns about the Ukraine war

Russian President Russian President Vladimir Putin He said he sought to address Beijing’s concerns Thursday about the Ukraine war in his first meeting with Chinese leader Xi Jinping since the conflict began, which recently led to the outbreak of the conflict. Major battlefield setbacks to Moscow. Mr. Putin told his Chinese counterpart that Moscow highly … Read more