Archived version: https://archive.ph/UhQac
Archived version: https://web.archive.org/web/20230829230925/https://www.euronews.com/my-europe/2023/08/28/the-big-turnaround-how-europes-gas-prices-fell-from-300-to-35-mwh-in-the-span-of-a-year

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[–] what_is_a_name@lemmy.world 4 points 2 years ago (1 children)

From what I understand (I may be understanding little), Saudis responded opposite the western requests and seemingly in coordination with Russia cut output, and have been cutting output. Driving up energy prices and overall inflation. There seems to be some power play happening between the Saudis and Biden if I am reading the news correctly.

[–] Aux@lemmy.world 3 points 2 years ago

Yes, there's an oil war going on between the US and Saudis + Russia.