Yergin: Asia To Be Russia’s Default Market For Crude Oil
Russia will likely redirect its oil flows to Asia as Europe seeks to minimize its intake of Russian fossil fuels, with the former becoming “the...
U.S. Warns India Against Buying More Russian Oil
The United States has warned India that buying more oil from Russia could expose it to a “great risk” in light of more sanctions against...
Oil rebounds on tight supply, prospects of new Russia sanctions By Reuters
[ad_1] © Reuters. FILE PHOTO: Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau...
Will Sanctioning Russia Fuel Financial Contagion? by Hippolyte Fofack
The unprecedented sanctions imposed on Russia have exacerbated global economic uncertainty and potentially derailed the post-pandemic recovery. The world, still grappling with the fallout from...
Déjà Vu: Skyrocketing Oil Prices Spark Fears Of A Global Recession
The more Russian oil supply comes off the market in the coming months, the higher the chances of a global recession later this year, economists...
L.A. Gas Price Hits $6
Average gasoline prices in Los Angeles hit $6 per gallon, GasBuddy’s head of petroleum analysis, Patrick De Haan, wrote in a tweet, noting this compared...
Oil Up as Some EU Members Consider Sanctions on Russian Supplies By Investing.com
[ad_1] © Reuters. By Gina Lee Investing.com – Oil was up on Tuesday morning in Asia, extending gains on news that some European Union (EU)...
The World Could See A Record-Breaking Oil Supply Shock
The global oil market could lose 3 million barrels per day (bpd) of supply from Russia starting in April, as sanctions on banks and buyers’...
How blockchain intelligence can prevent Russia from evading sanctions By Cointelegraph
[ad_1] As pointed out by Caroline Malcolm, head of international policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto...
US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid By Cointelegraph
[ad_1] Industry experts and lawmakers who spoke at a hearing of the United States Senate Committee on Banking, Housing, and Urban Affairs clashed on how...