Oil markets hit multiple records as Russia sanctions bite, disrupt trade flows | Hellenic Shipping News Worldwide
Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows confusion and panic among global crude oil traders, shipping firms and importers. Brent crude LCOc1 topped $112 a barrel on Wednesday, the highest since 2014, shrugging off news that several developed ...