The European Union has reached an agreement to buy at least 15 billion cubic meters of liquefied natural gas (LNG) more from the US this year in order to lower its dependence on Russian natural gas, Bloomberg reported citing industry sources. However, American imports would cover just a fraction of Europe’s energy demand.
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The levy on Russian wheat exports will be increased from $86.4 per ton to $87 in the period from March 30 to April 5, the country’s Ministry of Agriculture said on Friday. According to the statement, export tax on barley and corn will amount to $75.6 and $58.3 per ton, respectively.
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The UK has added a ban on transactions with Russian gold to their list of restrictions placed on the country’s central bank earlier this month. This was announced in an updated version of the sanctions guidance published on the website of the British government on Friday.
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