Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe

Germany Steps Up Measures to Conserve Gas as Russia Slows Supply to Europe

BERLIN—Germany will restart coal-fired power plants and offer incentives for companies to curb natural gas consumption, marking a new step in the economic war between Europe and Russia. Berlin unveiled the measures on Sunday after Russia cut gas supplies to Europe last week as it punched back against European sanctions and military support for Ukraine.

Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales

Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales

Russias attack on Ukraine assisted push the price of oil to over $100 a barrel for the very first time given that 2014. Heres how rising oil expenses might further boost inflation across the U.S. economy. Picture illustration: Todd Johnson ” Any doubts countries had about the requirement to diversify into Yuan and other currencies/geographies

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