How Biden’s Climate Push Could Spur a Trade War With Europe

How Biden’s Climate Push Could Spur a Trade War With Europe

The European Union is crying foul over the Inflation Reduction Act, saying the billions in climate subsidies it offers create a trade imbalance.
Oil Prices Rise as the West Imposes a Cap on Russian Crude

Oil Prices Rise as the West Imposes a Cap on Russian Crude

Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.