Crude Prices Surge, Pres. Biden and a Ban on ...
Up next
Recommended Episodes
BP plans to divest its stake in Russia’s state-oil company Rosneft, Norway’s $1.3tn oil fund plans to sell out of Russia and US and Western allies to impose sanctions on Russia’s central bank and cut some lenders from Swift. Plus, shares in cybersecurity companies rise as comp ...
Oil and natural gas prices see-sawed as global stocks fell on Monday after a US push to ban Russian crude faced German resistance, the US Treasury warns banks to be on high alert for sanctions evasion, sanctions on Russia could aid Beijing’s efforts to internationalise the ren ...
The International Energy Agency will hold an emergency meeting to discuss whether to release oil from strategic stocks to offset rising energy prices caused by Russia’s invasion of Ukraine, Russian financial markets have descended into turmoil after western sanctions over the ...
On Tuesday morning, President Biden took to the podium at the White House to deliver a solemn and provocative speech. As punishment for waging war on Ukraine, he announced, the United States would cut off Russian oil imports. Mr. Biden said the move would require some s ...