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The US and the EU have announced the formation of a joint task force to reduce its dependency on Russian gas by two-thirds this year and end imports of all Russian oil by 2027.
Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 2.11% last month.
The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color on the valuations of MLPs, increased by 0.25% last month.