9 d. ago Hungary’s Orban tells Trump that dropping Russian energy would bring economy ‘to its knees’

BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orban said Friday that Hungary will continue to source fossil fuels from Russia despite demands from his ally U.S. President Donald Trump, and that he’d informed the president that dropping Russian energy would be a “disaster” for Hungary’s economy. Hungary remains one of the only countries in […]

Other

9 d. ago Hungary’s Orban Refuses to Budge on Trump Russian Energy Demand

Hungarian Prime Minister Viktor Orban openly pushed back against US President Donald Trump, digging in his heels over purchases of Russian energy.

Other

9 d. ago Oil Set for Big Weekly Gain as Pressure on Russia Intensifies

Oil headed for its biggest weekly gain in more than three months as US President Donald Trump increased pressure on buyers of Russian energy in a bid to end the war in Ukraine.

Other

1 week ago Trump, Orban Talk Energy as US Bears Down on Russian Oil Buyers

Donald Trump and Viktor Orban held a phone conversation a day after the US president said he would press the Hungarian premier to stop purchasing Russian oil.

Other

1 week ago A US lawmaker in China says there’s ‘a lot of work to do’ to resolve trade conflict

SHANGHAI (AP) — The head of a U.S. congressional delegation visiting China said Thursday that much need to be done to resolve the U.S.-China trade conflict, which he said is creating difficulties for companies on both sides of the Pacific. His biggest takeaway was that a lot of business is going on between the two […]

Economics

1 week ago Oil Slides With Focus on Russian Crude Flows, Refinery Strikes

Oil declined as traders parsed through the impact of the European Union’s latest moves on Russian supplies and strikes by Ukraine on the OPEC+ member’s energy infrastructure.

Other

1 week ago Oil Steadies With Focus on Russian Crude Flows, Refinery Strikes

Oil was little changed after notching a modest drop last week, as traders gauge the impact of European Union moves on Russian supply and strikes by Ukraine on the OPEC+ member’s energy infrastructure.

Events

1 week ago Oil Edges Up With Focus on Russian Crude Flows, Refinery Strikes

Oil edged higher, clawing back last week’s loss as traders gauge the impact of European Union moves on Russian supply and strikes by Ukraine on the OPEC+ member’s energy infrastructure.

Other

2 w. ago Macron Says Europe’s Russian Energy Imports Are ‘Marginal’ Issue

French President Emmanuel Macron called the European Union’s remaining energy imports from Russia “very marginal,” challenging Donald Trump’s calls for the bloc to reduce its dependence if it wants the US to step up pressure on Moscow to end the war in Ukraine.

Economics

2 w. ago Ukraine’s Drones Target Russian Refineries, Pumping Stations

Ukraine claimed drone strikes that damaged energy infrastructure deep within Russian territory on Saturday, the latest of a series of attacks aimed at denting export revenues and stemming the flow of oil.

Events

2 w. ago EU Takes Biggest Step Yet in Crackdown on Russian Energy Imports

The European Union’s proposed sanctions banning Russian liquefied natural gas by the end of next year are the latest sign that it is leaving no stone unturned in accelerating its exit from energy reliance on Moscow, according to the bloc’s energy chief.

Economics

2 w. ago Oil Pares Weekly Gain as Trump Calls for Low Prices to End War

Oil pared a second weekly gain as renewed calls by US President Donald Trump for lower prices to pressure Moscow to end the war in Ukraine weighed against renewed attacks on Russian energy infrastructure.

Economics

2 w. ago Oil Holds Weekly Gain as Trump Calls for Low Prices to End War

Oil held a second weekly gain as renewed calls by US President Donald Trump for lower prices to pressure Moscow to end the war in Ukraine weighed against renewed attacks on Russian energy infrastructure.

Economics

2 w. ago Slovakia Resists Trump Pressure to Quickly Halt Russian Energy

Slovakia’s economy minister signaled that the European Union member state would resist pressure from US President Donald Trump to cut Russian oil and gas imports until the country has sufficient alternative supplies.

Other

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3 w. ago EU Weighs New Sanctions on Russia to Hit Banks and Oil Trade

The European Union is exploring new sanctions on about half a dozen Russian banks and energy companies as part of its latest round of measures to pressure President Vladimir Putin to end the war against Ukraine.

Economics