RIYADH, Saudi Arabia—A drone attack on an oil refinery in Saudi Arabia’s capital, Riyadh, started a small fire that did not cause injuries or affect supplies, the kingdom’s energy ministry said early Friday. The statement did not specify where the drone strike was launched from. Later Friday, Yemen’s rebel Houthis who have been battling a…
Oil Rises but Set for Weekly Loss After Talk of Potential Supply Plugs
LONDON—Oil prices rose on Friday on continued concerns about supply disruptions for Russian oil and oil products, but were on track for their biggest weekly decline since November after another volatile week. Oil prices soared after Russia invaded Ukraine and hit their highest levels since 2008 but have pulled back a bit this week on…
The Hidden ‘Energy Agenda’ Driving US Decisions on the Russia-Ukraine War
March 10, 2022
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In 2019, America broke off diplomatic ties with the Venezuelan regime, led by socialist dictator Nicolas Maduro. This was in response to a suspected hoax election that allowed Maduro to retain leadership and reported widespread human rights violations by his government. In March 2022, Biden administration officials reopened diplomatic relations with the Maduro regime to…
Inflation Reaches Another 40-Year High of 7.9%; Russia and Ukraine Foreign Ministers Hold High-Level Talks | NTD
Annual inflation hits another 40-year high, one expert says President Joe Biden should send a friendlier message to oil companies to bring down gas prices, and the top diplomats from Russia and Ukraine say they discussed humanitarian corridors and a temporary ceasefire during their talks.
Inflation Reaches Another 40-Year High of 7.9%; Russia and Ukraine Foreign Ministers Hold High-Level Talks
Annual inflation hits another 40-year high, one expert says President Joe Biden should send a friendlier message to oil companies to bring down gas prices, and the top diplomats from Russia and Ukraine say they discussed humanitarian corridors and a temporary ceasefire during their talks.
Gas Could Cost Families $1300 More a Year; First Major Wall Street Bank Leaving Russia| NTD Business
Inflation hitting a new 40-year high, from gas, food, to housing prices, they’re rising across the board. Russia retaliates over western sanction, removing patent protections, saying Russian businesses can steal patents from anyone in unfriendly countries. It might also seize assets of foreign firms that leave. A unique flower shop in the heart of New…
Asia Stocks Surge, Europe Opens Lower After Oil Prices Rise
BEIJING—Asian markets surged while Europe opened lower Thursday after oil prices recovered some of a decline the day before that had eased inflation fears. Futures for Wall Street’s benchmark S&P 500 index and the Dow Jones Industrial Average were down 0.4 percent as Russian attacks on Ukraine intensified two weeks as fighting entered its third…
Oil Prices Plunge; UK to Phase Out Russia Oil; Kremlin Says US Declared Economic War | NTD Business
The UK is phasing out Russian oil imports by the end of the year. The EU is facing pressure to join the ban. What would it mean for Europe? President Joe Biden is issuing an executive order on crypto. Is this good or bad news for digital assets? China state-backed hackers compromise U.S. government networks, according…
Expert on Volatile Oil Prices; Kremlin Says US Declared Economic War | NTD Business
The UK is phasing out Russian oil imports by the end of the year. The EU is facing pressure to join the ban. What would it mean for Europe? President Joe Biden is issuing an executive order on crypto. Is this good or bad news for digital assets? China state-backed hackers compromise U.S. government networks, according…
Palm Oil Prices Set for New Record Highs in Coming Months: Analyst James Fry
KUALA LUMPUR—Palm oil prices could hit a record 8,100 ringgit ($1,938) a tonne in coming months following a plunge in global edible oil stocks and a decline in export surpluses, including the impact of war in Ukraine, analyst James Fry said on Wednesday. He expected locally delivered crude palm oil prices in Malaysia to range…
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