March
Germany to Wean Itself Off Russian Oil, Gas in Next 2 Years
Germany plans to stop almost all Russian oil imports this year and broadly wean itself off the country’s gas by mid-2024, a hugely ambitious plan that poses complex logistical hurdles for Europe’s biggest economy.
Oil Swings as Biden, Allies Gather to Step Up Pressure on Moscow
Oil fluctuated as investors weighed threats to supplies from the month-old war in Ukraine, with President Joe Biden set to address the crisis on a key trip to Europe that may see more sanctions imposed on Russia.
EU summit to consider jointly buying gas before winter
European Union leaders are poised to agree on a mechanism to jointly purchase gas, liquefied natural gas and hydrogen ahead of next winter, according to the draft statement quoted by Reuters of a EU summit planned later this week.
