Cut Supply News Today

Russia has halted all gas exports to Poland and Bulgaria after demanding 'unfriendly' nations pay for energy in rubles, not dollars.

Populist Sweden Democrats (SD) leader Jimmie Åkesson slammed European Green Parties for making Europe reliant on Russian energy.

Germany will close all of its nuclear power plants by the end of this year, despite the nation's already crippling addiction to Russian gas.

Households in Britain are facing the worst decline in their real income in decades, as energy prices cause inflation to soar.

Global Chip Shortage May Delay New Car Launches, Cut Supply A global shortage in computer microchips isn’t just affecting the launch of next-generation video game consoles like the PlayStation 5, PCs, and smartphones, they are now beginning to affect automotive production as well. As global makers of semiconductors scaled back production in 2020, they now find themselves on the backfoot, trying to catch up to demand that’s rapidly ramping back up. Fueling the shortage further, chips used in...

Energy prices for at least the next six months to a year. >> i e so i want to talk about whether thats good or bad. but, before that, explain to me what saudi arabia is doing differently. my sense is that theyve done something fairly dramatic in how theyre dealing with this round of price plum mitting. in the past, they would come in, cut supply, rescue the price, push it back up. this time, theyre saying no. >> and i think what theyve done is a master stroke, to tell the truth. i think its hone...

Next six months to a year. >> i e so i want to talk about whether thats good or bad. but, before that explain to me what saudi arabia is doing differently. my sense is that theyve done something fairly dramatic in how theyre dealing with this round of price plum mitting. in the past, they would come in cut supply, rescue the price, push it back up. this time, theyre saying no. >> and i think what theyve done is a master stroke, to tell the truth. i think its honestly just been a bold step. it wi...