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Russia’s fossil fuel exports to Europe feed Moscow’s coffers with $64 billion

  • 09 June, 2022
  • 3:59 pm EEST

Moscow continues to make solid gains from selling Russian fossil fuels to the European Union, despite sanctions and lower imports. The European Union's imports of Russian energy have reached 60 billion euros ($64.4 billion) since Russia launched its war on…

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Oil prices rise .. Brent crude above $ 121

  • 08 June, 2022
  • 3:16 pm EEST

Oil prices rose, during trading today, Wednesday, June 8, 2022, amid expectations of a decrease in US oil stocks. The rise coincides with expectations of increased demand for fuel in the upcoming driving season, as the US Energy Information Administration…

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The US dollar strengthens early Tuesday ahead of trade

  • 07 June, 2022
  • 4:07 pm EEST

The US dollar strengthens early Tuesday ahead of trade The US dollar rose against its major trading partners early Tuesday ahead of the release of data on the April international trade gap and weekly Redbook US retail sales, but the…

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Green hydrogen agreements support Indian-European cooperation ahead of COP27 and a new agreement with Canada

  • 07 June, 2022
  • 3:24 pm EEST

India is increasing cooperation in the fields of green hydrogen and clean energy with European Union and North American countries, in proactive steps for the United Nations Climate Change Summit COP27 to be held in Sharm El-Sheikh, Egypt, next November.…

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Italy’s yields fall ahead of the ECB meeting, as markets increase their bets on ECB hikes.

  • 06 June, 2022
  • 6:21 pm EEST

Italy's yields fall ahead of the ECB meeting, as markets increase their bets on ECB hikes. Benchmark Italian yields fell on Monday following news that the European Central Bank was planning a new bond-buying program to assist vulnerable economies, even…

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