The US on Friday imposed a swath of fresh sanctions on Russian oil and gas which could cost the country billions of dollars per month, aimed at cutting Russia’s revenue for funding the ongoing war in Ukraine. Ukrainian President Volodymyr Zelensky welcomed the action, which should improve the odds of a peace deal being reached.
Trump-leverage”>US intensifies sanctions on Russia in bid to give Ukraine, Trump leverage
Putin threatens to seize European vessels in response to cargo seizures
News Desk
Vladimir Putin has warned that Russia will seize European vessels if European nations proceed with the seizure of ships carrying Russian cargo. Speaking aboard a
Oil prices increase as attacks hinder Strait of Hormuz reopening prospects
News Desk
Oil prices rose as violence in the Middle East raised concerns over reopening the Strait of Hormuz. Brent crude increased by over 2%, nearing $90