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News from April 2022

We will continue to buy Russian oil, says India FM

We will continue to buy Russian oil, says India FM thumbnail

As pressure from western nations mounts on India to shun cheaper Russian oil, New Delhi has staunchly defended its right to scour for “good deals” to satiate its energy appetite. At the same time, it has pointed out Europe’s growing purchases of petroleum products from Moscow despite the Ukraine war. In a categorical statement suggesting […]


How War, Oil and Ships Are Building a Hunger Crisis

How War, Oil and Ships Are Building a Hunger Crisis thumbnail

Even before Russia invaded Ukraine, food prices had been rising around the world, driven by the higher shipping costs, energy inflation and labor shortages that have followed in the pandemic’s wake, along with extreme weather. Global food prices are at all-time highs, with a benchmark UN index soaring more than 40% over the past two […]


French Grid Manager Asks Users to Reduce Consumption on Monday

French Grid Manager Asks Users to Reduce Consumption on Monday thumbnail

France’s electricity grid manager asked businesses and households to cut consumption as a cold snap pushes demand higher at a time time when around half of the country’s nuclear reactors are offline. RTE requested that households run dishwashers and washing machines over the weekend rather than on Monday to help reduce the load and requested […]


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