Expensive electricity causes the factory closures in Europe. The increase in the price of electricity in the EU is forcing owners of the most energy-intensive industries to close their facilities. Nyrstar has announced that it will shut down its Budel zinc plan... #Electricityprices #EnergyCrisis #factoryclosures
The UN calls for increase taxation of oil and gas companies due to excess profits. UN Secretary-General Antonio Guterres has criticized oil and gas companies for profiting from an energy crisis caused partly by the war in Ukraine. The statement was made against the background of th... #AntonioGuterres #EnergyCrisis #oilandgascompaniessurplusprofits #oilandgascompaniestaxation
The US fears that without controls on the price of oil, it will increase by 40%. The global oil price could rise by 40% to around $140 per barrel if the proposed cap on the price of Russian oil is not passed, said the US Treasury Department. US Treasury Secretary Janet Yellen wil... #EnergyCrisis #GlobalOilPrices #JanetYellen #OilPrices
