US freeze hits Europe’s gas oil exports

While European crops benefitted from the US shutdown of refineries, now they haven’t any purchasers to export gas oil to. The freeze-driven shuttering of core sections of the U.S. refining system isn’t all excellent news for rival crops in Europe. Down on the backside of the barrel, losses are deepening. While U.S. shutdowns imply much… Continue reading US freeze hits Europe’s gas oil exports

Biden points catastrophe declaration for Texas amid deep freeze

Declaration unlocks federal funding and help for Texas, the place winter storm has left hundreds of thousands with out energy and water. United States President Joe Biden has issued a catastrophe declaration for the state of Texas, the place a significant winter storm has left hundreds of thousands with out energy and water. In a… Continue reading Biden points catastrophe declaration for Texas amid deep freeze

Biden to evaluate Trump’s freeze on help to Ethiopia over Nile dam

Feb 20, 2021 The US State Department will decouple a freeze on some $270 million value of help to Ethiopia from Washington’s approach to the African nation’s contested dam on the Nile River, spokesman Ned Price stated Friday. As it has achieved with many different initiatives of the Trump administration, the Biden administration plans to evaluate… Continue reading Biden to evaluate Trump’s freeze on help to Ethiopia over Nile dam

Texas’s huge freeze pushes oil costs to 13-month highs

Texas oil producers and refiners stay shut as a consequence of icy chilly climate, reducing output by 1-Four million barrels per day. Oil costs have rallied once more to hit 13-month highs as issues {that a} uncommon chilly snap within the US state of Texas may disrupt crude output within the United States for days… Continue reading Texas’s huge freeze pushes oil costs to 13-month highs

Texas freeze leaves tens of millions in northern Mexico with out energy

Mexico’s government-owned utility says operations had been stunted because the winter storm in Texas froze pure fuel pipelines. Freezing climate within the US state of Texas left almost 5 million folks in northern Mexico with out energy early on Monday, as a scarcity of pure fuel disrupted electrical energy manufacturing. Mexico’s government-owned utility, the Federal… Continue reading Texas freeze leaves tens of millions in northern Mexico with out energy

Group urges international officers to find, freeze Myanmar property

Activist group says Myanmar army controls $5.7bn in international foreign money reserves, facilitating ‘brutal’ repression. Myanmar’s army might have entry to greater than $5bn in international alternate reserves that it may use to additional strengthen its maintain following a coup on February 1, in keeping with an activist group. Justice for Myanmar – self-described as… Continue reading Group urges international officers to find, freeze Myanmar property

Kremlin urged to freeze funds from ‘foreign agents’ equivalent to US state media shops over claims of funding information battle in Russia

News shops and marketing campaign teams that get money from abroad could possibly be prevented from spending cash in Russia below proposals put ahead by an influential Moscow suppose tank. RT obtained a replica of the proposal, addressed to Interior Minister Vladimir Kolokoltsev on Wednesday. Developed by Anton Orlov, director of the Institute for the… Continue reading Kremlin urged to freeze funds from ‘foreign agents’ equivalent to US state media shops over claims of funding information battle in Russia