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Russia sees its oil output falling by up to 17% in 2022

Russian oil output started to decline in March and had fallen by around 7.5% by mid-April

Hungary breaks ranks with EU, says it will pay rubles for gas to Russia

The EU is ready to cut funding to the country over its alleged violation of "respect for rule of law"

Bloomberg: Israel envoy says country seeks to add capacity for EU gas sales

“Israel is willing to do as much as possible in supporting the European energy challenges”

Ukrainian helicopters destroyed fuel tanks in Belgorod, Russians say – Big fire raging (videos)

Impressive strike

Europe needs a smarter way out of Russian gas – Analysis

Europe cannot just buy alternatives to Russian gas, it must create supply in a way that complies with its climate objectives

National Interest: It’s time to go all-in on the EastMed pipeline

For Biden to deliberately undercut European gas alternatives does not further national security but rather, it empowers irredentists in Russia & Turkey

The Countries Sitting on the Largest Oil Reserves (infographic)

Saudi Arabia was the biggest exporter of crude oil in 2020

Russia is threatening the European Union with “fire” on energy prices

"The situation on world energy markets will lead the EU to pay at least three times as much for oil, gas and electricity"

PM Mitsotakis to Bloomberg: Greece suggests price-cap to address energy price surge (video)

PM says immediate ban on Russian gas imports isn’t realistic - Proposals come ahead of an EU summit to discuss the issue

WSJ: UAE & Saudi deny visit to Biden, they want more from US first

Washington is desperate for more OPEC oil production

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