G7 prepared to consider energy price restrictions to limit Russian earnings

G7

G7 prepared to consider energy price restrictions to limit Russian earnings. Leaders will examine the “feasibility” of placing temporary price controls on energy imports. A US-led campaign for a cap on the price of Russian oil has received support from G7 countries in recent months. During a conference that has been overshadowed by fears of … Read more

China to probe energy index providers in bid to tame coal prices

BEIJING: China has said that it will investigate energy price index providers, as it urged the coal industry participants to ‘strictly’ meet contractual obligations, in its latest bid to tame prices that have hit record highs, Arab News reported. The most-active thermal coal futures contract on the Zhengzhou Commodity Exchange, for delivery in January, tumbled more than … Read more