The European Union (EU) is going through a phase of soaring energy prices as a result of the Russian invasion of Ukraine. The high energy prices in the EU have influenced the authorities to devise measures to go into a self-reliant mode to meet domestic demand. The members of the European Union are proposing a […]
Tag: Ban On Russia
The USA has announced new sanctions on Russia, due to the Russia-Ukraine war. The new sanctions imposed on Russia cease to target major industries of Russia such as industrial, technological, and manufacturing. The implementation of the previous sanctions and bans, however, are creating ripple effects in the global prices of oil/gas and by default, causing […]