After Saudi leaders pushed to slash oil production despite a visit by President Biden, American officials have been left fuming that they were duped.
Tag: Oil (Petroleum) and Gasoline
Germany’s Allies Challenge Its Stances on Ukraine and Energy
The government has dismissed criticism of its refusal to provide modern tanks to Ukraine and its massive energy subsidy for its own citizens. But its friends are bridling.
US Executives Are Flocking to Saudi Davos in the Desert
Some top American business leaders are headed to the Saudi business conference. But Biden administration officials, angry over the kingdom’s stance on oil production and ties with Russia, are staying away.
Biden Expands Effort to Lower Gas Prices and Secure Energy Independence
Depleting emergency oil reserves spurs criticism that the White House is trying to lower gas prices with midterm election politics in mind.
The Two Inflation Crises
Why Europe’s inflation crisis is different from America’s.
Strikes Spread in France, Piling Pressure on Macron
Students and transit workers joined a walkout that started at oil refineries. The unrest is a growing problem for President Emmanuel Macron, whose government was already embattled in Parliament.
As Europe Piles Sanctions on Russia, Some Sacred Cows Are Spared
The European Union has been severing economic ties with Moscow to support Ukraine, but some countries have lobbied to protect key sectors.
Tens of Thousands March in Paris to Protest Rising Living Costs
The demonstration occurred on the heels of strikes at oil refineries, adding to a tense political atmosphere.
Macron the Disrupter Seeks Direction
He wants to lead a united Europe to independence. But the world has changed on him.
French Refineries Strike May Presage a Winter of Discontent for Europe
Bitten by inflation, workers are demanding a greater share of the surging profits of energy giants. It’s the kind of unrest leaders fear as they struggle to keep a united front against Russia.