May 2022

Brent rose $2.31, or 1.9%, to $123.98 a barrel, WTI crude was trading at $119.34 a barrel.

The price of OPEC basket of thirteen crudes stood at $120.01 a barrel on Monday

Striving to further promote mutually beneficial ties, in part, in energy, transport and tourism, the leaders agreed to hold more meetings.

Vladimir Putin explained the real reasons for the unstable food supplies, saying that the disruptions were due to Western countries’ erroneous economic and financial policies, as well as their anti-Russia sanctions.

Striving to further promote mutually beneficial ties, in part, in energy, transport and tourism, the leaders agreed to hold more meetings.

Vladimir Putin reaffirmed Russia’s commitment to its contractual obligations with regard to natural gas supplies to Austria.

Hungarian Prime Minister Viktor Orban said May 30 he wants a complete exemption from the European Union's plans to ban Russian oil imports

"The sanctions will immediately impact 75% of Russian oil imports. And by the end of the year, 90% of the Russian oil imported in Europe will be banned," Michel said in a tweet after a summit meeting.

Ultimately the quality of our lives depends – in large part – on the critical infrastructure we rely on every day.

A key focus of 40107 is around the digitalization of utilities and encouraging investment in new technologies, like smart grid capabilities and utility analytics, that can lead to faster, more intelligent, and automated decision-making and promote resiliency.