Norway 'skeptical' about EU gas price cap – PM

The measure to limit the cost of the fuel won’t solve the bloc’s energy shortage, Oslo warns Norway’s Prime Minister Jonas Gahr Store voiced doubts on Monday about a possible price ceiling on natural gas imports proposed by a majority of EU member states.

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US imports of Russian metals drop to near-zero

Russian ferrous metals exports to the US nosedived to $0.6 million in July compared to $201 million the previous month, and more than $1 billion in the first half of 2022, Russian business daily RBK reported on Monday, citing the data from the US Census Bureau.

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Indonesia eyes importing Russian oil – FT

Indonesia is considering joining India and China in buying discounted Russian oil to offset increased pressure from rising energy costs, the Financial Times reported on Monday. “We always monitor all of the options. If there is the country (and) they give a better price, of course,” President Joko Widodo said in an interview with the…

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