New EU sanctions to hit Russian oil, target more banks
Brussels (The Times Groupe)- The European Union will slap new sanctions on Russia for waging war against Ukraine, targeting its oil industry, more Russian banks, and those responsible for misinformation, the EU's top diplomat said Tuesday.
Oil up over supply fears from unfolding Russia sanctions; scrambling world markets
World (Times Of Ocean)- Oil prices edged higher on Wednesday following a proposal for more sanctions on Russia, despite concerns over demand following a lockdown in Shanghai's financial district, along with a rise in the US dollar index making dollar-priced oil more expensive.