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...
Finland had to undergo energy poverty in 2022 and its citizens were asked to watch their electricity consumption, after the nation banned energy imports from Russia...