Germany warns possible price ceilings for Russian oil far from close – sources

Industrial facilities of PCK Oil Refinery are pictured in Schwedt/Oder. The company receives crude oil from Russia through the ‘Friendship’ pipeline, Germany, May 9, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register BRUSSELS, June 30 (Reuters) – Germany and other European Union governments expressed caution over price caps for Russian oil … Read more

June heat wave in Tokyo worst since 1875, power supply cracks under pressure

TOKYO, June 28 (Reuters) – Japan baked in scorching temperatures for the fourth straight day on Tuesday, as heat in the capital broke nearly 150-year-old records for June and authorities warned power supply remained tight enough to face the specter of budget cuts. increase. The heat wave comes less than two weeks before a national … Read more

G7 nations announce gold ban in Russia as summit begins in shadow of war

Gold ban targets ‘Putin’s war machine’, says British prime minister Price cap for oil imports also discussed, says German source G7 also wants to tackle rising energy prices SCHLOSS ELMAU, Germany, June 26 (Reuters) – Members of the Group of Seven Rich Countries announced a ban on Russian gold imports on Sunday as the G7 … Read more