Russia demanding importers to pay in rubles to avoid West sanctions

After being ostracized by Western countries following his invasion of Ukraine, Russia President Vladimir Putin is trying to force the world to reengage with the Russian economy—sanctions be damned—by leveraging the one thing the West still buys from Russia: energy. Putin ordered that gas contracts with “unfriendly” countries—those responsible for sanctions against Russia—be settled in

The simple technology that will bring an end to fossil fuels

The world is turning its back on fossil fuels to save the planet and, in recent times, to hurt Putin and his horrific plans. But, there is a massive problem. Renewable energy, like solar and wind are erratic, and the mega batteries we use to overcome this issue are costly and massively impact the environment.

Ukraine’s invasion underscores Europe’s deep reliance on Russian fossil fuels

Russian president Vladimir Putin’s decision to send troops into Ukraine spooked energy markets this week, amid fears that the escalating conflict and ensuing sanctions could disrupt global fossil-fuel supplies. Russia is one of the world’s largest producers of petroleum, natural gas, and coal, so any actions that curtail exports could have global ripple effects, pushing

Is Putin’s Ukraine invasion about fossil fuels?

What is the relationship between Russia’s threats to Ukraine and the gas price crisis? Gas prices are soaring globally, largely because of the resurgence of demand for fossil fuels after the Covid-19 pandemic and lockdowns, depleted storage and the difficulty of ramping up supply after the disruptions of the past two years. But prices have