Member states are tapping into energy reserves as demand for heating grows, the media report Natural gas prices in the EU rose over the week on strong demand due to cold weather, with benchmark futures soaring by 8%, Bloomberg reported on Friday.
The St. Petersburg Exchange was included in the latest round of US restrictions The St. Petersburg Exchange (SPB Exchange) announced the resumption of trading in a limited list of Russian securities on Friday. Trading in foreign stocks had been suspended on Thursday after being added to the US sanctions list.
New import duties on Russian agriculture would only further disrupt the global food supply, Moscow has warned A European Union plan to impose tariffs on grain imports from Russia and Belarus is an example of “unfair competition,” Kremlin spokesperson Dmitry Peskov said on Friday.