Page 30 - Rian Evans News Today

"A maximum price would not solve the fundamental problem, which is that there is too little gas in Europe," Prime Minister Jonas Gahr Stoere said.

"We always monitor all of the options. If there is the country [and] they give a better price, of course," President Joko Widodo told the FT.

"Suddenly investors are opening their eyes to the possibility of a sooner end to the war," wrote City Index analyst Fionna Cincotta.

"Let's get to a tight monetary policy setting first before we worry about whether the Fed is too tight for too long."

German gas supplier VNG is asking for a government bailout over cuts from Gazprom to Europe. Uniper asked for a bailout a week earlier.

"So I think that they are data dependent, and the data says inflation is too high. So I think they're going at least to 4%."

The European Central Bank increased benchmark rates by 75 basis points on Thursday, the biggest increase in its history.

"At the end of the day, what's going to decide how tight the market will be is how cold it is and how government policies, industry rationing work."

Powell reiterated the central bank's focus on taming inflation "until the job is done" and predicted "a period of growth below trend."

"Russia has traditionally provided North Korea a fair amount of oil, apparently in questionable manners," a Rand Corporation researcher said.