Saudi Arabia ‘won't bear responsibility’ for high oil prices

After a barrage of attacks on its oil facilities, the kingdom says low supply and high prices aren’t its fault Saudi Arabia declared on Monday that it “won’t bear any responsibility” for surging oil prices or contracting supply following a series of attacks on a refinery and other energy facilities by Houthi rebels a day…

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Xi Jinping to visit Moscow soon – Reuters

The Chinese leader will reportedly make a trip to the Russian capital as early as next week Chinese President Xi Jinping is planning a trip to Moscow to hold talks with his Russian counterpart, Vladimir Putin, and could arrive as early as next week, Reuters reported on Monday, citing anonymous sources.

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EU’s scramble for gas hurting poorer nations – WSJ

The bloc is pricing developing countries out of the LNG market, American business newspaper reports European Union members are actively buying up liquefied natural gas (LNG) as an alternative to Russian pipeline supplies, depriving poorer countries that cannot compete for the fuel due to high prices, The Wall Street Journal claimed on Friday.

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