FILE – Robert Habeck, Federal Minister for Economic Affairs and Climate Protection, takes part in the East German Economic Forum (OWF) in Bad Saarow, Germany, Monday, June 13, 2022. Habeck is stepping up an appeal for the country’s residents to save energy...
BERLIN (AP) — Russia’s Gazprom announced a reduction in natural gas flows through a key European pipeline for the second day in a row on Wednesday, hours after Germany’s vice chancellor said its initial move appeared to be political rather than a result of...
By Josh Boak And Cathy Bussewitz President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the...
COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said. Prime Minister Ranil Wickremesinghe said he would first...
Biden vows to battle inflation as prices keep climbing By Chris Megerian And Josh Boak in Los Angeles LOS ANGELES (AP) — In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far,...