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Russian Oil Purchase: Kremlin Accuses U.S. of Exerting Illegal Trade Pressure on India

European Union · India

Russian Oil Purchase: Kremlin Accuses U.S. of Exerting Illegal Trade Pressure on India

Coverage: 4 sources

Russia accuses US of illegal trade pressure on India over Russian oil purchases, sparking tensions between major economies.See the Story

Fort Worth Oil and Gas Co. Set to Go Public in $660 Million SPAC Merger

Fort Worth Oil and Gas Co. Set to Go Public in $660 Million SPAC Merger

75% Center coverage: 4 sources

Fort Worth-based oil and gas operator Presidio Investment Holdings is set to go public in a SPAC deal valued at $660 million. While the use of SPACs has decreased since a peak in 2021 over regulatory scrutiny, SPAC deals have been on the rise since the Trump administration took office.See the Story

EU’s $750 Billion Pledge for U.S. Energy Imports Faces Steep Hurdles

International · United States

EU’s $750 Billion Pledge for U.S. Energy Imports Faces Steep Hurdles

50% Center coverage: 4 sources

The European Union agreed to buy $750 billion in U.S. oil and gas to avoid a trade clash with President Donald Trump, but analysts say supply limits and logistical barriers make the goal unattainable.Victor Jack reports for POLITICO.In short:The EU currently imports about €76 billion in U.S. energy annually and would need to triple purchases, displacing cheaper suppliers like Norway.U.S. oil and gas exports total about $166 billion a year, far b…See the Story

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