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Electricity use drops in Europe: What you need to know about the global energy crisis this week
A decision by the OPEC+ oil producer group to cut output could push the global economy into recession, the International Energy Agency has said in its monthly report. “With unrelenting inflationary pressures and interest rate hikes taking their toll, higher oil prices may prove the tipping point for a global economy already on the brink of recession,” the report said. Russian President Vladimir Putin says Turkey could be the best route for redirecting gas supplies to the European Union after the Nord Stream leaks. Putin told Turkish President Tayyip Erdogan at a meeting in Kazakhstan that increased cooperation on ... (full story)
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