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.

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Demand for EVs has reportedly been declining, partly due to a reduction in state subsidies Sales of fully electric and plug-in hybrid vehicles (PHEVs) have continued to slow across the world, according to market research firm Rho Motion, cited by Reuters. Sales rose by only 31% last year, down from 60% growth in 2022, the…