In February 2022, the EU forced sanctions on Russia because of the Russian attack of Ukraine. The approvals as of now included prohibitive measures (individual authorizations), monetary endorses, and visa measures.
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Western big hauler back up plans are worried that they may accidentally assist with delivery Russian raw petroleum over the $60 per barrel cost cap as buys and exchanges have become obscure since the G7 presented the cost roof toward the beginning of December 2022.
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Pakistan faces several energy issues that have been hindering its economic growth and development. Some of the key challenges are:
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The Economic Coordination Committee (ECC) of the cabinet on Thursday approved supplementary grants worth Rs912.5 million and an extension in the lease period to four oil and gas-producing fields for accelerating exploration activities.
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