gasoline
German utility Uniper has won a multi-billion euro arbitration against former long-time supplier Gazprom, allowing it to terminate dormant gas supply contracts and potentially setting a precedent for similar cases. The ruling, announced on Wednesday, marks a significant victory for Uniper, which was rescued by the German government in 2022 after Russia’s Gazprom cut and later suspended gas supplies, forcing Uniper to buy replacement volumes at sky-high prices on the spot market. Landmark ruling and its implicationsThe arbitration tribunal in Stockholm issued the ruling on June 7, following a p...
Invezz
Aggressive monetary tightening policy, the energy crisis in Europe and China’s continued zero-COVID policy are all dragging on the oil market. GeopoliticsThe recent events on both pipelines (North Stream 1 & 2) have raised the question of sabotage. Currently, it is difficult to find out who led such explosive operations (at least three) in the Baltic Sea but that it is not going to help a de-escalation of the Russia-Ukraine war, even though international investigations have begun. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by...
ValueWalk
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