The Organization for Economic Development (OECD) said on Thursday that the war in Ukraine could cut global economic growth by more than one percentage point in the first year after its start. According to the OECD, its impact could also cause a “deep recession” in Russia if it is sustained. Consumer prices are expected to rise…
US media is coalescing around the theory that Ukraine planned on blowing up the pipelines The CIA has known since at least October that Russia did not blow up the Nord Stream gas pipelines, the Wall Street Journal reported on Wednesday. While the report claimed that the CIA had attempted to foil a Ukrainian-led plot…
Growing global gas demand could deepen the energy crisis in Europe, Cheniere Energy says The biggest US exporter of liquefied natural gas (LNG), Cheniere Energy, has warned that limited supplies worldwide mean this winter could be “really, really tight.”