Page 6 - Europe

Reliance steps up crude processing to supply diesel-starved Europe

Reliance Industries Ltd.'s Jamnagar facility is lifting crude processing and deferring planned maintenance to take advantage of surging demand for diesel

Western nations at risk of recession as Russia sanctions escalate: Analysis

Recession in Europe and North America may be the inevitable price for defending freedom, resisting aggression and upholding international law in Ukraine

Russia threatens to block gas to Europe through Nord Stream 1

Last month, Berlin shelved the $11-billion Nord Stream 2 pipeline project

US lawmakers push Biden to help transfer of European aircraft to Ukraine

US lawmakers pushed Biden's council on Monday to facilitate the transfer of fighter aircraft to Ukraine from Poland and other NATO and Eastern European countries, after a plea from Volodymyr Zelenskiy

Gas prices in Europe hit new all-time high, reaching over $3,600

Gas prices in Europe skyrocketed on Monday, reaching over $3,600 per 1,000 cubic meters for the first time in history.

Ukraine upends stimulus exit: Five questions for the European Central Bank'

The European Central Bank's plans to dial back stimulus have been upended by Russia's invasion of Ukraine

Ukraine invasion an attack on security of Europe, global peace: Biden

Biden underscored the United States' commitment to the security of Poland and all of our NATO Allies

A chilling nuclear scare: Biggest atomic plant in Europe attacked

The Ukrainian state nuclear firm said that three Ukrainian troops were killed and two wounded in the attack

Russian seizure of Ukraine nuclear plant sparks worries about radiation

Russian forces captured the Zaporizhzhia plant - Europe's largest - after attacking it in the early hours of Friday, setting an adjacent five-storey training facility on fire

Ukraine crisis: Europe scrambles to reduce dependence on Russian gas

Europe is scrambling to reduce its dependence on Russia for energy and bracing for potential disruption to critical natural gas supplies as Russia's war in Ukraine sends prices to new highs. Natural gas prices hit a record Thursday for a second day in a row as restrictions on oil and gas were increasingly treated as a possibility on the eighth day of the war whether through Western sanctions or Russian retaliation. That could mean even more pain to people's wallets: Energy prices have been high for months because of low supplies, driving up the cost of everything from utility bills to groceries as businesses pass along their costs to customers. Traders were factoring in the rising probability of sanctions on gas for each day the offensive continues, said Kaushal Ramesh, senior analyst at Rystad Energy. The price of gas is 10 times what it was at the start of 2021. But it continues to flow through the major pipelines from Russia to Europe, including those through Ukraine, pipeline

Japan's JAL, ANA cancel all flights to and from Europe amid Ukraine war

Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday, citing concerns about safety due to Russia's invasion of Ukraine

'Very hectic,' say US troops rushing to Europe amid Russia-Ukraine war

They had barely a week to prepare getting medical screenings, ensure bills would be paid, arranging for relatives to care for children before marching with rucksacks, rifles onto a plane for Germany

Inflation in 19 nations using euro sets record of 5.8% in Feb

Inflation in Europe hit a record high for the fourth month in a row, raising questions about when the central bank should step in to ease the pain to people's wallets while Russia's invasion of Ukrain

China says it won't join US, its allies in financial sanctions on Russia

China won't join the United States and European governments in imposing financial sanctions on Russia, the country's bank regulator said

Special Flight carrying 218 Indian nationals from Bucharest lands in Delhi

This is the ninth flight of 'Operation Ganga' that evacuated stranded Indian citizens from Ukraine.

Australian dollar finds the energy to hit a one-year peak on euro

The Australian dollar climb one-year high on the euro on Wednesday as investors were attracted by Australia's status as a net energy exporter and distance from Europe's troubles.

Ukraine fighting 'to be equal members of Europe': Zelensky to EU parliament

President Volodymyr Zelenskyy on Tuesday said Ukraine is fighting "also to be equal members of Europe"

Indian students in east Ukraine facing grim situation, says evacuee

A number of students evacuated from Ukraine arrived in Mumbai by an Air India Express flight from the Romanian capital Bucharest on Tuesday morning.

India's evacuation programme most active among all nations: Govt sources

There has been criticism from some quarters, especially opposition parties, over the alleged delay in India's response to evacuate its citizens, mostly students

Ukraine crisis: Russia's ultra-rich count cost of $83 bn wealth wipeout

Russia's $1.5 trillion economy is already reeling from sanctions that targeted key banks and may prevent Putin from accessing the bulk of more than $640 billion in central bank reserves.