The European Commission is retreating from the imposition of a price cap on Russian natural gas, The Guardian reported on Tuesday, citing a leaked document. Instead, the EU’s executive arm is pushing ahead with windfall taxes on energy companies’ “surplus” profits, the paper said. A draft regulation on the “electricity ...
Armenia said on Tuesday that nearly 50 of its soldiers had been killed in the worst clashes with Azerbaijan since their war two years ago, but Russia said it had convinced the historic rivals to agree to a rapid cease-fire. After several hours of fierce border fighting overnight, Armenia appealed ...