ZAPORIZHZHIA, Ukraine: As UN inspectors sought to avert a nuclear disaster on Ukraine's frontline, the West and Russia wounded each other's economies, with Moscow keeping its main gas pipeline to Germany shut on Saturday (Sep 3) while threatened with price caps on oil exports. Russia's state-controlled ene
ZAPORIZHZHIA, Ukraine: As UN inspectors sought to avert a nuclear disaster on Ukraine's frontline, the West and Russia wounded each other's economies, with Moscow keeping its main gas pipeline to Germany shut on Saturday while threatened with price caps on oil exports.
Gazprom's indefinite delay to resuming gas deliveries will deepen Europe's problems securing fuel for winter with living costs already surging, led by energy prices. Finance ministers from the Group of Seven wealthy democracies - Britain, Canada, France, Germany, Italy, Japan and the United States - said on Friday a cap on the price of Russian oil was meant to"reduce ... Russia’s ability to fund its war of aggression whilst limiting the impact of Russia’s war on global energy prices".
A reactor at the site was reconnected to Ukraine's grid on Friday, a day after it shut down due to shelling near the site, Ukraine's state nuclear company Energoatom said.
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