The G7 countries along with the European Union and Australia imposed the price cap mechanism on Russian oil in December 2022, followed by a cap on fuel from February 2023...
Experts believe that the domino effect of Russia’s action will be reflected in global inflation which, in 2023, started showing signs of calming down...
Amid energy crisis, EU is preparing some 20 floating terminals to process liquefied natural gas from non-Russian sources like US and Azerbaijan into natural ones...