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The Commodities Feed: Iranian oil flows edge higher The oil market continues to face headwinds, both on the macro front and on the back of expectations of supp
Germany's Economy Minister Robert Habeck announced that the country will enter Phase 2 of its three-stage emergency gas plan. The move to "alarm" level comes amid the threat that Russia, Germany's top gas supplier, could stop supplying the fuel. In Phase 2, utilities are theoretically permitted to pass on high prices to customers.
(Bloomberg) — Oil traded near $100 a barrel in London after surging to a seven-year high amid fears that Russia’s invasion of Ukraine will impact supplies from…
(Bloomberg) -- The U.S. reasserted its intention to impose “swift, severe costs” on Russia if the Kremlin takes any aggressive acts, as Germany and France pushed forward a lagging diplomatic effort to restore peace in eastern Ukraine.