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EU prepares next Russia sanctions including German-backed oil ban
KYIV/LVIV: The European Union was preparing sanctions on Russian oil sales over its invasion of Ukraine after a major shift on Monday by Germany, Russia's biggest energy customer, that could deprive Moscow of a large revenue stream within days.
Wall St drops, Russia-Ukraine conflict fuel worries
NEW YORK: All three major U.S. stock indexes ended more than 1% lower on Wednesday as oil prices jumped and Western leaders began gathering in Brussels to plan more measures to pressure Russia to halt its conflict in Ukraine.
Oil settles up but posts second consecutive weekly decline
NEW YORK: Oil prices settled higher on Friday, but posted a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market.
Commodities soar after reports of Russia attack
Ukraine nuclear plant assault fuels fear of supply crunches
Fitch slashes Russia's sovereign rating to junk status
Fitch on Wednesday downgraded Russia's sovereign credit rating by six notches to "junk" status, saying Western sanctions over the invasion of Ukraine made it uncertain Russia could service its debt and would weaken its economy in "a huge shock" to its creditworthiness.
Importers face higher shipping costs
War shocks ripple across one of the busiest trade lanes
Stocks set for a painful week as conflict intensifies; bonds to gain
LONDON: World markets were set for another tumultuous week after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine and as fighting intensified for a fourth day.
Oil prices dip after soaring on Russia's invasion of Ukraine
NEW YORK: Oil prices slipped Friday after sharp rises early in the session on concern over potential global supply disruptions from sanctions on major crude exporter Russia.
Biden unveils sanctions on Russian businesses after 'premeditated' Ukraine attack
WASHINGTON: President Joe Biden hit Russia with a wave of sanctions on Thursday after Moscow invaded Ukraine, measures that impede Russia's ability to do business in major currencies along with sanctions against banks and state-owned enterprises.