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Europe burns cash to help businesses in deepening energy crisis

jhonalex95 by jhonalex95
September 21, 2022
in Uncategorized
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Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain capped the wholesale cost of electricity and gas for businesses, in Europe’s latest moves to keep the lights on and heaters running this winter as the war in Ukraine escalates.

Russian President Vladimir Putin added to the price pain in global energy markets, sending oil and gas prices higher by announcing a partial Russian military mobilisation, threatening to tighten global fuel supplies even further.

 

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