Oil Prices Climb After the EU Imposes New Sanctions on Russia
Friday, 18 July 2025 () Oil prices moved higher on Friday morning after the EU agreed to an 18th package of sanctions against Russia, but the effectiveness of the sanctions is yet to be seen. Friday, July 18th, 2025 The constant drumbeat of Russian sanction announcements is keeping Brent futures around $70 per barrel, with the European Union and its concept of a floating price cap taking centre stage this week. The bullish momentum was further supported by assumed Iraqi drone strikes on Kurdish oil fields, taking out all the major producing assets in less than a…
Former U.S. President Donald Trump has issued a stern warning to Russian President Vladimir Putin, setting a 50-day deadline to end the war in Ukraine or face sweeping consequences. Trump threatened "very steep tariffs" and harsh secondary sanctions on countries buying Russian oil. The proposed...
EU imposes new sanctions on Russia's oil and banks after Robert Fico lifts his veto
The breakthrough on Friday was made only possible after Slovak Prime Minister Robert Fico agreed to lift his..
Credit: euronews (in English) Duration: 01:06Published
NATO Secretary General Mark Rutte has issued a stern warning to BRICS nations—India, China, and Brazil—over their continued trade ties with Russia. Following a meeting with Donald Trump, who gave..
U.S President Donald Trump has issued a blistering 50-day warning to Russia: reach a deal, or face the full force of U.S. tariffs and sanctions. Speaking on the Ukraine-Russia war, Biden declared..
Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs and potential... IndiaTimes
With the sole objective of cutting the war-funding and bringing Russia to its knees and ruining its economy forever, the 27-nation bloc on Friday announced a... DNA