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Advice for Europeans: Bundle Up and Get Ready for Outages

Life in some European cities may soon look like this: Staggered electricity outages to save energy. Temporary cuts in mobile phone and internet service. Schools closed for a lack of […]




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Russia’s Economy Is Threatened by War and Sanctions

KALUGA, Russia— Valery Volodin, a welder at a sprawling Volkswagen plant in western Russia, relaxed for most of the summer at his dacha, or weekend house, planting his garden and […]




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Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged

OPEC and its allies, including Russia, said on Sunday that they would leave their quotas for oil production unchanged. The group, known as OPEC Plus, appears to have decided during […]




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Biden’s Meeting With Macron Comes Amid Rising Trans-Atlantic Tensions

Officials “think there is space here for Europe and others, frankly, to take similar steps,” a senior administration official told reporters this week in a background briefing previewing Mr. Macron’s […]




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China Is Burning More Coal, a Growing Climate Challenge

China is poised to take advantage of the global urgency to tackle climate change. It is the world’s dominant manufacturer and user of solar panels and wind turbines. It leads […]




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Lessons From Liz Truss’s Handling of U.K. Inflation

The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation. Read More




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China Is the Wild Card in the Energy War With Russia

Slower growth in China has braked the rise in world energy prices and Russian riches, but Beijing has also stepped up its purchases of Russian fossil fuels. Read More




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OPEC and Russia Aim to Raise Oil Prices With Supply Cut

Saudi Arabia and Russia, acting as leaders of the OPEC Plus energy cartel, agreed on Wednesday to their first large production cut in more than two years in a bid […]




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Saudi Arabia and Russia May Find Their Oil Pricing Power Limited

“Not that big a deal,” said Rusty Braziel, executive chairman of RBN Energy, another Houston consulting firm. But, he added, “an OPEC Plus cut will definitely impact the market, just […]




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Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve

Since Russia’s invasion of Ukraine, President Biden has overseen the largest sale of oil from the Strategic Petroleum Reserve ever, to ease prices at the gasoline pump.Having released 160 million […]