Oil prices touch highest level since September 2008, when Lehman Brothers collapsed
US oil prices briefly spiked on Thursday to their highest level in nearly 14 years, as concerns about disruptions to Russia's supplies continue.
US crude...
Russian oil isn’t sanctioned, but nobody wants to touch it anyway
The war in Ukraine is raging. The oil market is panicking.
Russian oil has not been directly targeted by the West's crushing sanctions on Moscow — so far, at...
Oil price shocks cause recessions. Will this one do the same?
Crude oil prices briefly surged to their highest levels since 2008 Thursday morning before pulling back a bit. Still, at about $110 a barrel,...
Oil and gas surge sparks fears over new bill rises
The cost of gas and crude oil surged on Wednesday, increasing the chance of further price rises at UK forecourts and higher household energy...
Ukraine crisis: How much Russian money is there in the UK?
UK Prime Minister Boris Johnson has announced new sanctions against Russia after President Vladimir Putin invaded Ukraine. The measures target Russian banks, companies and individuals.
The...
