Russia starts cutting off the gas to the Netherlands after its government refused to pay in roubles

Russia’s Gazprom will halt gas supplies to the Netherlands’ partly state-owned energy firm GasTerra on Tuesday after it refused to pay in rubles following the Russian invasion of Ukraine, the Dutch company said. Meanwhile, Danish energy company Orsted warned on Monday that Russia could cut gas supplies to Denmark for the same reason, but allayed … Read more

$5 gas could become widespread as prices hit another record

new York CNN Business — Prices at the pump continue to shatter records ahead of Memorial Day weekend. The national average for regular gas hit a fresh record of $4.48 a gallon Monday, according to AAA. That marks an increase of 15 cents in the past week and 40 cents in a month. Gas prices … Read more