Russian lawmakers approved a temporary windfall tax on energy giant Gazprom PJSC, a move that will channel billions of dollars into state coffers as natural-gas prices soar.
Ugandan central bank increased its key interest rate to the highest in more than two years on concerns over mounting price pressures after holding a special monetary policy meeting.
Shell Plc has become the latest international energy company to invest in Qatar’s $29 billion project to boost exports of liquefied natural gas, as Europe races to shore up new supplies of the fuel.
Electricite de France SA may have to reduce output at some of its French nuclear reactors during the summer as a drought reduces the amount of river water available for cooling.
The Bank of England said a $2 trillion plunge in the value of cryptoassets underscores vulnerabilities in the market and the need for tougher law enforcement and regulation.
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