Oil Prices Pull Back after Hitting 4month Highs on Russia Sanctions
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Oil ends lower after a 3-day rally lifted prices to their highest since August
Oil futures settled with a loss on Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to to their ...MarketWatch - 3h -
Hegseth hits back at misconduct allegations in contentious hearing
Pete Hegseth, President-elect Donald Trump's embattled pick for defense secretary, faced tough questions from senators during his confirmation hearing.ABC News - 4h -
US oil group under pressure to exit Russia after Biden widens sanctions
Lawmakers tell SLB, better known as Schlumberger, to quit country or risk penaltyFinancial Times - 1d -
Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil ...MarketWatch - 1d -
Crude hits 6-month high as new US sanctions trigger global supply fears
Brent crude tops $81 a barrel after Washington targets Russian oil revenuesFinancial Times - 1d -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - 1d -
UK should back tough Trump sanctions on Iran, report says
Former top UK official believes intensifying economic pressure on Tehran would erode internal support for regime. The UK should back Donald Trump’s expected maximum economic sanctions against Iran ...The Guardian - 2d -
Germany backs easing sanctions on Syria, pledges €50 million in aid
Yahoo News - 2d -
Germany backs easing some Syria sanctions, pledges €50 million in aid
Yahoo News - 2d -
Ukraine war briefing: Zelenskyy hails ‘significant blow’ of US-UK sanctions on Russian oil and gas revenues
Ukrainian president says the less Moscow earns from oil, ‘the sooner peace will be restored’; Kyiv claims attack on Russian military facility. What we know on day 1,053. See all our Ukraine ...The Guardian - 3d -
US and UK toughens sanctions on Russian oil industry
The actions are aimed at cutting off revenue Moscow is using to fund its war in Ukraine.BBC News - 3d -
Venezuelan officials hit with fresh sanctions as Maduro begins third term
US, EU and UK co-ordinate measures to punish president’s administration over his ‘illegitimate’ reinaugurationFinancial Times - 4d -
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
The U.S. Treasury Department is targeting more than 180 Russian tankers.CNBC - 4d -
Oil prices rally as fresh U.S. sanctions on Russia threaten global supplies
Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies and as winter storms in the U.S. were expected to boost demand for ...MarketWatch - 4d -
U.S. Imposes New Sanctions to Squeeze Russia’s Energy Sector
The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.The New York Times - 4d -
US hits Venezuela with new sanctions after Maduro's 'illegitimate' inauguration
The Biden administration announced a slew of new sanctions against allies of Venezuelan President Nicolás Maduro in opposition to his claim of election victory, calling his Friday inauguration ...The Hill - 4d -
Biden administration imposes toughest sanctions on Russian oil and gas
Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...The Guardian - 4d -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - 4d -
Lula Disapproval Hits New High With Brazilians Pessimistic About Economy
Yahoo News - 4d -
Japan imposes new sanctions on Russia
Japan on Friday approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of ...ABC News - 4d -
Civil servant long-term sickness hits post-pandemic high in UK
Ministry of Justice was department with highest average length of absenceFinancial Times - 5d -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - 5d -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - 6d -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - 6d -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Starmer Hits Back at Musk
PM attacks those “spreading lies” on grooming gangs.BBC News - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
Russia-appointed officials in Crimea declare emergency as oil spill reaches Sevastopol
Yahoo News - Jan. 4 -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - Jan. 4 -
'Strewth!' - Pant hits Starc for back-to-back sixes to reach 50
India's Rishabh Pant hits Mitchell Starc for back-to-back sixes to reach his half-century from only 29 balls against Australia in Sydney.BBC News - Jan. 4 -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - Jan. 3 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
Debate Over U.S. Sanctions on Russia For Ukraine War Intensifies
The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.The New York Times - Jan. 2 -
Wholesale gas price hits highest level in 14 months after Russian supplies stop
Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...The Guardian - Jan. 2 -
Cruise ship stomach bug illnesses hit 12-year high: CDC
Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.The Hill - Jan. 2 -
Russia warns of severe environmental damage as oil from damaged tankers washes up on beaches
Yahoo News - Jan. 1
