EU to propose permanent ban on Russian oil after Hungarian elections
The European Commission plans to submit a legal proposal on April 15 to permanently ban Russian oil imports. This timing, just after Hungary's parliamentary...
Hungary blocks €90 billion EU loan for Ukraine amid Russian oil transit dispute
Hungary’s foreign minister announced that Hungary will block a 90-billion-euro EU loan for Ukraine until Ukraine resumes oil shipments through the Druzhba pipeline. Oil...
Indonesia Secures 19% U.S. Tariff Deal
Indonesia and the United States have finalized a trade agreement that reduces U.S. tariffs on Indonesian goods to 19% from 32%, marking a significant...
Hungary threatens to cut power, gas exports to Ukraine in Russian oil dispute
Hungary is considering halting power and gas exports to Ukraine if Ukraine does not resume Russian oil shipments through the Druzhba pipeline. This statement...
Turkey declares Greek-Chevron exploration in Eastern Med ‘illegal’
Turkey expressed opposition on Thursday to Greece's "unilateral activities" in energy exploration south of Crete, led by a consortium including U. S. company Chevron....
EU reassures Hungary and Slovakia: No immediate risk to oil supplies
The European Commission announced that there is no immediate risk to oil supplies in Hungary or Slovakia due to the recent disruption of Russian...
Hungary Seeks Croatian Aid as Russian Oil Deliveries via Ukraine Halt
Hungary and Slovakia have requested Croatia's assistance in delivering Russian oil following disruptions in oil flow through Ukraine. A Russian attack on the Druzhba...
Trump and Netanyahu agreed to push Iran on cutting oil sales to China
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House and agreed to work on reducing Iran's oil exports to...
Alexei Miller: Why the Gazprom boss remains a key figure in Russia’s energy war
Alexei Miller, CEO of Gazprom, will continue his role for another five years after the board extended his contract. Miller, 64, was born in...
US Pushes Venezuela Oil Revival as It Challenges China’s Role
U.S. Secretary of Energy Chris Wright visited Venezuela on Wednesday to push for expanded American investment in the country’s energy sector, while raising concerns...