POLITICS
ukraine war
GLOBE
Crude Oil Jumps Three Percent on Russian Sanctions News
Russia is the third largest crude producer in the world, behind the U.S. and Saudi Arabia, accounting for 11% of global oil production last year.
GLOBE
'Just Didn't Feel Right'-Trump Cancels Putin, Imposing Sanctions
The measures taken against Rosneft and Lukoil, Russia's oil giants, mark the first time the US has sanctioned Russia since Trump’s return to office in January.
GLOBE
EU Phasing Out Russian Oil and Gas by 2028
Separately, the EU is negotiating a new package of sanctions against Russia that would ban LNG imports one year earlier, from January 2027.
GLOBE