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Failure To Implement Russian Oil Ban Could Send Oil Crashing To $65

Several E.U. member states made it plain that they will veto any E.U. proposal to ban Russian oil (or gas) imports. Removal of...

Opinion

The Right Way to Sanction Russian Energy

How to Slash Moscow’s Revenues Without Crippling the Global Economy Western sanctions are beginning to hit Russia where it hurts most: its energy exports....

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Brent Hits $113 As Oil Heads For Second Weekly Gain

Oil prices were set for a second consecutive weekly increase early on Friday, as the EU’s proposal to ban imports of all Russian crude...

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Russia’s War On Ukraine Is Devastating Africa’s Economy

Russia’s war has sent waves through the global economy, and Sub-Saharan Africa is especially vulnerable to the shock. According to the IMF, food...

News

Russian Oil Losses Could Double As Sanctions Come Into Effect

Oil prices will remain elevated in the coming months as current supply losses from Russia at around 1 million barrels per day (bpd) could...

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Ukraine War Refugees Top 5 Million As Assault Escalates

WARSAW, Poland (AP) — After spending weeks with no electricity or water in the basement of her family’s home in Ukraine, Viktoriya Savyichkina made...

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JPMorgan: Immediate EU Ban On Russian Oil Could Send Prices To $185

Oil prices could shoot up to a record $185 per barrel if the European Union acts to impose a full immediate ban on imports...

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