Energy

Russia Shuts Down All Gas Exports to Finland

Russia Shuts Down All Gas Exports to Finland

Russia has shut down all gas exports to neighboring Finland after the Nordic country refused to pay for Russian gas supplies in roubles. The Russian government announced the cut-off on Saturday, just days after Finland announced it is applying to join the North Atlantic Treaty Organization (NATO). On Friday, the Russian…
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Russia to Accept Bitcoin Payments for Oil and Gas Exports

Russia to Accept Bitcoin Payments for Oil and Gas Exports

A top Russian government official has just announced that Russia is to begin accepting payments in Bitcoin for its oil and gas exports. Pavel Zavalny, Chairman of the Committee of the State Duma of the Russian Federation on Energy, said that Russia will take Bitcoin while discussing how Russia might…
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Trump’s 2018 Warning about Russia Resurfaces amid Ukraine Invasion

Trump’s 2018 Warning about Russia Resurfaces amid Ukraine Invasion

In 2018, President Donald Trump issued a stern warning to other NATO members states about Europe's reliance on Russia. Speaking during a meeting with NATO leaders at the July summit in Brussels, Belgium, Trump engaged in a heated exchange with NATO Secretary General Jens Stoltenberg. Trump blasted Stoltenberg over European…
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US Heating Oil & Diesel Supplies Diminish as Demand Rises

US Heating Oil & Diesel Supplies Diminish as Demand Rises

As demand for diesel and heating oil continues to rise across the United States, supplies are diminishing. Refiners are struggling to replenish the domestic fuel supply this winter. The short supply of the fuels is now prompting fears that oil prices may remain elevated for months. On Feb. 4, heating…
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