Germany may cut energy exports to neighbors — FT

Berlin may take the step to avoid power outages at home, the outlet reports, citing network operator Germany may have to temporarily limit its export of electricity during the upcoming winter, including to France. That’s according to Hendrik Neumann, chief technical officer of the country’s leading grid operator Amprion, cited by the Financial Times.

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Saudi oil giant posts monster profits

Oil giant Saudi Aramco reported record-high earnings for 2022, made off higher crude prices. According to a company press release issued on Sunday, Aramco’s profits surged to $161 billion last year, up 46% from the $110 billion it made in 2021.

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Russia and India ditch dollar in trade

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