XM does not provide services to residents of the United States of America.

G7 energy ministers to discuss Ukraine's power infrastructure on Monday



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>G7 energy ministers to discuss Ukraine's power infrastructure on Monday</title></head><body>

ROME, Sept 20 (Reuters) -Energy ministers of the Group of Seven (G7) industrialised powers and other smaller countries will meet on Monday with Ukraine's badly damaged power infrastructure on the agenda, Italy's foreign minister said.

Since Russia's full-scale invasion in February 2022, Ukraine's energy system has been targeted by Russian attacks, resulting in rolling blackouts and limited electricity supply to some regions for hours each day.

Ukraine's electricity supply shortfall could reach 6 gigawatts this winter, about a third of the expected peak demand, the International Energy Agency said in a report published on Thursday.

"There will be an enlarged G7 energy meeting next Monday because we have to guarantee Ukraine the preservation of its energy network," Italy's Antonio Tajani told state broadcaster RAI late on Thursday. He did not say which non-G7 countries would join the talks.

A diplomatic source told Reuters on Friday that the ministers would meet in person in New York for the meeting.

Italy currently holds the G7 presidency.



Reporting by Crispian Balmer in Rome, Francesca Landini in Milan; Editing by Conor Humphries

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.