Bloomberg: European countries have spend about $278 billion mitigating the energy crisis
The Brussels-based think-tank said governments should start reducing energy demand as prices are not likely to fall, Bloomberg reports.
The Brussels-based think-tank said governments should start reducing energy demand as prices are not likely to fall, Bloomberg reports.





The Kyiv Independent has launched a fundraiser to support the recovery of George Ivanchenko, a 25-year-old Ukrainian photojournalist who lost his leg in a targeted Russian drone attack while reporting on the front line.
Saudi state oil giant Aramco is in talks with two Ukrainian drone makers about buying interceptor drones to protect oil infrastructure from Iranian attacks, according to the Wall Street Journal.
Presidents Zelensky and Dan agreed to expand cooperation in the energy and defense sectors, signaling closer ties between the neighboring countries.
Zelensky also said that the economy and energy ministries are expected to draft a program to provide financial assistance to Ukrainians due to increases in fuel prices caused by the U.S.-Israeli war against Iran.
Zelensky also said that the duration of Russia's war against Ukraine will depend on the strength of Western pressure on Moscow.
"We must try politely to establish contact with (the Ukrainian side)," Viktor Orban told the delegation. "If that doesn't work, we should request permission to go there ourselves and conduct an on-site inspection" of the Druzhba pipeline.
Videos circulating online appear to show multiple fires at the site, likely involving fuel storage tanks.
Russia launched 94 attack drones at Ukraine over the past day, the Air Force reported.
"This group of persons does not have an official status or scheduled official meetings on the territory of Ukraine, so it is definitely incorrect to call them a 'delegation'," the Foreign Ministry said.
The number includes 780 casualties that Russian forces suffered over the past day.
Russia has earned an additional 6 billion euros ($6.9 billion) in two weeks of fighting between the U.S. and Iran, a March 12 analysis by the Center for Research on Energy and Clean Air (CREA) found.



