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The crown prince stressed the need for a "peaceful solution ... that guarantees the interests and national security of all parties" in Ukraine
The supply margin may fall between 575 megawatts (MW) and 641MW against the National Grid's recommended margin of 1,200MW
A China institute that advises the nation's top leaders says Western sanctions will end up hurting the US and Europe more than Russia itself.
China is Russia's largest coal customer but importers are struggling to secure financing from banks because of Ukraine sanctions fears
Oil prices surged on Tuesday over concerns about potential supply disruptions after Russia's invasion of Ukraine and related sanctions despite talk of a coordinated global crude stocks release
The ink had barely dried on the hard-fought deal struck at last year's United Nations climate conference in Glasgow when Beijing's backslide on pledges began.
The summit is likely to be virtual rather than in person, an EU official said.
Oil, grains rise; Palladium prices surge, gold climbs; Aluminium at record-high; Nickel up on Russian supply worries; Fears of food inflation as wheat, corn, edible oil prices rally
Oil giant BP says it will exit its Rosneft stake worth $25 billion. Meanwhile, leases on over half the 980 jets in Russia may be severed by foreign firms because of sanctions.
China boosted purchases for its oil reserves even as oil prices soared, despite US calls for a coordinated release of stocks to cool the market
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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