energy raw materials

West struggles to set oil price cap that hurts Russia |  CNN Business

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business

London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »

West struggles to set oil price cap that hurts Russia |  CNN Business

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business

London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »

China fuels markets as protests erupt over Covid lockdowns |  CNN Business

China fuels markets as protests erupt over Covid lockdowns | CNN Business

hong kong CNN Business — China’s major stock indexes and its currency opened sharply lower on Monday as widespread protests over the country’s tough Covid-19 restrictions over the weekend rattled investor sentiment. Hong Kong Hang Seng Index (HSI) fell 4.2% in early trading. It has since pared some losses and last traded 2% lower. The …

China fuels markets as protests erupt over Covid lockdowns | CNN Business Read More »

West struggles to set oil price cap that hurts Russia |  CNN Business

West struggles to set oil price cap that hurts Russia | CNN Business

London CNN Business — Ukraine’s allies want to put a price cap on Russian oil. But there’s a problem: they can’t agree on a figure that would put pressure on the Kremlin. The biggest Western economies agreed earlier this year to cap the price of Russia’s most valuable export and pledged to work out the …

West struggles to set oil price cap that hurts Russia | CNN Business Read More »