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Home2022July

Month: July 2022

Angela Merkel's
Climate Crisis

How Angela Merkel’s Green Agenda Caused the Economic Collapse of Germany

July 19, 2022 Mariel Alumit

Remember how the world, especially the American media, fawned over former German Chancellor Angela Merkel? The adoration was so over the top that in 2015 Time magazine named Merkel its “Person of the Year.” It […]

Putin
Geopolitical

Putin visits Iran on first trip outside former Soviet Union since Ukraine war

July 19, 2022 Mariel Alumit

LONDON/DUBAI, July 19 (Reuters) – Russian President Vladimir Putin visited Tehran on Tuesday for talks with Iranian Supreme Leader Ayatollah Ali Khamenei, the Kremlin leader’s first trip outside the former Soviet Union since Moscow’s Feb. […]

Green Politics
Climate Crisis

Green Politics Leads to Higher Gas Prices

July 19, 2022 Mariel Alumit

Americans have been plagued by high gas prices in recent months, with recent polls showing fuel costs at the top of the list of economic concerns, right below the related issues of inflation and the state of […]

Europe 
International News

Which Countries Are The Most Reliant On Nuclear Power?

July 19, 2022 Mariel Alumit

Europe’s push towards greener energy has sparked a debate over the viability of nuclear power. The EU Parliament voted in favor of EU rules that would determine investments in nuclear and certain gas projects as […]

Oil prices
Crude Oil News

$100+ Oil Is Back For The Long Haul

July 19, 2022 Mariel Alumit

Oil prices gained over 4.6% on Monday as the market attempted to digest developments in the Middle East, and as the dollar weakened slightly. Brent oil prices climbed to $105.8 per barrel by 3:42 EST Monday, up […]

Tanker
Crude Oil News

Tanker Companies Race To Ship Russian Oil Ahead Of New Sanctions

July 19, 2022 Mariel Alumit

Despite Western sanctions on Russian oil, Russia has been able to export a lot of its oil to other buyers, notably China and Russia. A provision in the upcoming sixth sanctions package will soon prohibit […]

gasoline
Commodities

Average U.S. retail gasoline price falls below $4.50 a gallon, AAA says

July 19, 2022 Mariel Alumit

July 19 (Reuters) – The U.S. average retail gasoline price fell to $4.495 a gallon on Tuesday, slipping below $4.50 for the first time in nine weeks, data from the American Automobile Association (AAA) showed. […]

Russia
Crude Oil News

Exclusive: Russia seeking oil payments from India in dirhams

July 19, 2022 Mariel Alumit

NEW DELHI, July 18 (Reuters) – Russia is seeking payment in United Arab Emirates dirhams for oil exports to some Indian customers, three sources said and a document showed, as Moscow moves away from the […]

Russia's Gazprom
Geopolitical

Exclusive: Russia’s Gazprom tells European buyers gas supply halt beyond its control

July 19, 2022 Mariel Alumit

LONDON, July 18 (Reuters) – Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of “extraordinary” circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat […]

Libya
International News

Libya oil exports back on track after NOC boss ousted, prime minister says

July 18, 2022 Mariel Alumit

(Bloomberg) — Libyan Prime Minister Abdul Hamid Dbeibah said the country’s crude exports are on track for full resumption after months of outages as he justified his replacement of the state-run oil company’s leadership. All […]

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