IT’S

G7: China must press Russia to stop Ukraine war

G7: China must press Russia to stop Ukraine war

GARMISCH-PARTENKIRCHEN, Germany, June 28 (Reuters) – G7 leaders on Tuesday urged China to use its influence with Russia to stop its invasion of Ukraine and abandon “expansive maritime claims” in the South China Sea, in a unprecedented harsh criticism of Beijing’s policies. and human rights record. They called on China to pressure Russia to immediately …

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Powers need to study all oil options, including Iran, Venezuela -France

Powers need to study all oil options, including Iran, Venezuela -France

An oil tanker is docked while oil is pumped at the ship terminal of PDVSA’s Jose Antonio Anzoategui industrial complex in Anzoategui state April 15, 2015. REUTERS/Carlos Garcia Rawlins Sign up now for FREE unlimited access to Reuters.com Record US sanctions on Venezuela and Iran reduce oil production Consuming countries put pressure on producing nations …

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G7 summit kicks off under shadow of Ukraine war, stagflation risk

G7 summit kicks off under shadow of Ukraine war, stagflation risk

SCHLOSS ELMAU, Germany, June 26 (Reuters) – German Chancellor Olaf Scholz welcomes leaders of the Group of Seven wealthy democracies to a three-day summit in the Bavarian Alps on Sunday overshadowed by the war in Ukraine and its aftermath. far-reaching, from energy shortages to a food crisis. The summit comes against a darker backdrop than …

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EU plans for life without Russian gas amid inflation spike

EU plans for life without Russian gas amid inflation spike

‘The notion of cheap energy is gone,’ says Latvian PM Inflation in the euro zone has skyrocketed to record highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders warned on Friday that “cheap energy is over” and agreed to boost preparations for further Russian gas cuts, …

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EU signals shift to coal, accuses Russia of 'rogue moves' on gas

EU signals shift to coal, accuses Russia of ‘rogue moves’ on gas

Pipes at the landfall facility of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke Sign up now for FREE unlimited access to Reuters.com Record BRUSSELS/OSLO June 22 (Reuters) – The European Union will temporarily return to coal to tackle declining Russian gas flows without derailing longer-term climate …

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