Europe has done it again. Despite French President’s Emmanuel Macron’s reluctance to give the UK a long Brexit extension, the EU leaders have agreed the apparently interminable process can be delayed until October 31, with a school report on Britain’s behavior in June.
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Russia could shut 30% of its crude oil output from April if it doesn’t find buyers Russia could be forced to cut crude production by nearly a third starting next month, as traders are reportedly reluctant to buy oil from the country amid Western sanctions, the International Energy Agency warned on Wednesday.