The Russian currency has grown stronger as European energy importers switch to ruble payments Russia’s currency has hit its strongest level against the euro since June 2015 as more European companies appear to be complying with Moscow’s demand that natural gas imports should be paid for in rubles.
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A heat wave in the region is straining power grids and spurring demand for thermal coal and fuel oil, Bloomberg reports Asian imports of Russian energy used for electricity generation have surged in recent weeks due to high demand amid unseasonably warm weather, Bloomberg reported on Sunday, citing ship-tracking data from Kpler.
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West Jerusalem refuses any ceasefire that does not include an immediate release of hostages, the prime minister says Israel will not change its approach to Gaza, Prime Minister Benjamin Netanyahu said at a press conference on Friday. The Israel Defense Forces (IDF) will continue its bombing campaign on the Palestinian enclave, he said, adding that…
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