Insurers have raised concerns that the price cap on Russian oil has become unenforceable, leading to an increase in ships joining a shadow fleet, thereby circumventing G7 sanctions aimed at
Putin seeks urgent petrol supplies as Russia faces fuel shortage.
Russia has reportedly requested Kazakhstan’s assistance in supplying petrol, as Ukrainian attacks on Russian refineries have necessitated gasoline imports.
Putin plans tax increases to support Russia’s faltering military efforts.
Vladimir Putin is reportedly considering significant tax increases for Russians as the Moscow government struggles to secure sufficient funds for its military operations in Ukraine.
Gold consistently reaches new record-breaking highs.
Gold prices have reached unprecedented levels, climbing for the eighth day in a row and marking their strongest week in five months.
Gas prices decrease as it becomes cheaper to burn coal, oil prices decline
Wholesale gas prices have seen a decrease as energy providers shift to coal, which has become more cost-effective.
National Grid aims to restrict electricity consumption on Wednesday.
The National Grid has declared its intention to decrease electricity consumption on Wednesday, citing “tighter than usual electricity supply margins expected on Wednesday evening.”
Gas prices are on track for a fifth consecutive week of decline.
Gas prices are poised for a fifth consecutive weekly decrease, influenced by mild weather conditions and substantial reserves in Europe.
Oil prices falls as Israel delays ground incursion.
Oil prices declined by 2% today as market participants anticipated a postponement of Israel’s ground assault on Gaza.
Gas prices tick higher as U.S warns conflict could spread
European gas prices have surged due to concerns that the Middle East conflict might escalate.
Norway, is closely observing the investigation into the Baltic Sea pipeline rupture
Europe’s major gas supplier, Norway, is diligently following the investigation into the mysterious damage to a Baltic Sea gas pipeline.
Putin refutes claims of Russia meddling with the gas pipeline
President Vladimir Putin dismissed claims suggesting Russia’s hand in the disruption at the Balticconnector gas pipeline, calling them “utterly baseless.”
Oil & Gas prices increase due to US sanctions and Middle East tensions.
Oil prices are approaching $90 a barrel following intensified US sanctions on Russian oil exports.