Japan has no intention of withdrawing from its oil and natural gas projects in Russia’s Far East, Economy Minister Hagiuda Koichi told reporters on Friday. “Japan has stakes in both [oil and gas] projects and has secured long-term supplies. The projects provide our country with energy at below-market prices, and soaring energy costs are making…

Abu Dhabi and Tel Aviv have finalized a free trade agreement that will drop most customs tariffs Israel and the United Arab Emirates have concluded five months of negotiations by signing a free trade agreement, following up on the 2020 Abraham Accords that formally established relations between the two nations.

The head of the Federation of German Industries has advised against an embargo on Russian gas The backbone of the German economy – its industry – would “collapse” should Berlin decide to impose an embargo on Russian gas, the president of the country’s industry association has warned.