OilPrice

The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark tied to global crude prices in an effort to regain control over a sanctions tool that has lost impact as oil markets decline, Reuters reported on Thursday.  Under the new

The UK government has ruled out the introduction of a zonal energy pricing system that would have seen regions closer to renewable energy sources likelier to see lower prices.  Ed Miliband’s Department for Energy Security and Net Zero has opted to reform the existing system by reviewing the way

The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark tied to global crude prices in an effort to regain control over a sanctions tool that has lost impact as oil markets decline, Reuters reported on Thursday.  Under the new

Amid escalating tension with Armenia stemming from Yerevan’s desire to pivot westward, and lacking the ability to offer economic incentives, Russia is resorting to a traditional tactic to get its way: throw troops at the problem. A memo purportedly written by a high-ranking commander of Russia’s

Via Metal Miner The Automotive MMI (Monthly Metals Index) moved sideways, inching up by 2.29%. While the index has maintained a mostly sideways trend over the past year, short-term volatility may be on the way. President Trump recently announced a 50% tariff on imported copper, a move expected to