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Oil jumps more than 4%, Brent breaks $80 as traders worry about tougher Russia sanctions
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since October on fears that tougher U.S. sanctions on Russia will disrupt crude supplies.
New US sanctions on Russian tankers to hit oil supplies to India, refining sources say
Indian firms see a major disruption of Russian oil supplies as Washington imposes new sanctions to curb Moscow's revenues, pushing refiners to scout for crude from the Middle East and the U.S., three Indian refining sources said on Friday.
US to impose sanctions on Russian oil fleet, document shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
Oil prices jump 3% on cold weather, supply concerns
Oil futures rose sharply early Friday, trading at their highest since October with support tied to cold weather in the U.S. and elsewhere and supply concerns.
Oil jumps more than 3% on concern over more sanctions on Russia and Iran
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran.
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Serbia cancels Russian arms deals amid Ukraine war, Western sanctions
As international sanctions continue to pressure Moscow, Belgrade is shopping for military gear elsewhere, including in Israel ...
20h
on MSN
House passes International Criminal Court sanctions bill in response to Netanyahu warrant
The House passed a bill on Thursday to sanction International Criminal Court officials – a move that comes in response to the ...
20h
House Passes Bill to Impose Sanctions on I.C.C. Officials for Israeli Prosecutions
The action put the measure on track for likely enactment given strong support for it among Republicans, who now control the ...
4h
on MSN
Europe Rethinks Russia Strategy Over Fears Trump Will Cut Sanctions: Report
Brussels is reportedly assessing the potential impact of President-elect Donald Trump reversing Biden-era sanctions on Russia.
20h
on MSN
House passes ICC sanctions bill; GOP Senate leader promises to bring it to floor
The House on Thursday passed legislation to sanction officials with the International Criminal Court (ICC), pushing back ...
1h
on MSN
Crude prices jump more than 3% on concerns over more US sanctions on Russia
The document, purported to be from the U.S. Treasury, was being circulated among traders in Europe and Asia. Reuters could ...
7h
on MSN
Japan imposes new sanctions on Russia
Japan on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of organizations ...
22h
on MSN
New sanctions key to stopping smuggling gangs, insists PM
Prime Minister Sir Keir Starmer has insisted new sanctions on smuggling networks are a "really important step" to stopping ...
20h
on MSN
Russia is feeling the full impact of sanctions and the strain could force an end to the war this year, think tank says
After three years of war, strict sanctions, and dwindling oil prices, the odds are stacked against the Kremlin in 2025, a ...
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