The price has to be high enough for Russia to keep producing, according to Janet Yellen The US is planning to limit the price paid for Russian oil but at a level that would still be profitable enough for production to be continued, Treasury Secretary Janet Yellen said in an interview with the Wall Street…

The General Confederation of Italian Industry has warned that rising energy prices as a result of Russia sanctions threaten to destabilize the nation’s manufacturing sector. The joint warning was issued on Monday by the heads of the confederations of industrialists of the four most economically developed regions of the country (Lombardy, Veneto, Emilia-Romagna and Piedmont).

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