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Russia’s Oil Revenues Withstand Sanctions
According to the International Energy Agency (IEA), Russia’s oil revenues have held out against sanctions from global companies and most countries following its unprovoked invasion of Ukraine in late February.
US Oil Falls Below $100 A Barrel Amid Inflation Concerns
On Tuesday, US crude oil prices fell below $100 a barrel.
Elon Musk Secures $7.1 Billion For Twitter Deal
According to a securities filing on Thursday, multibillionaire Elon Musk has raised $7.1 billion for his acquisition of social media giant Twitter. Investors reportedly include Oracle founder Larry Ellison and Saudi Prince Alwaleed bin…
Shell’s Profits Almost Triple To £7.3 Billion Amid Surging Fuel Prices
Amid soaring energy prices, oil giant Shell has seen its profits almost triple to £7.3 billion for the beginning of the year.
European Stock Markets Tumble As Russia Cuts Gas Supplies To Poland And Bulgaria
On Wednesday, European stock markets fell into the red as Russia shut off gas supplies to Poland and Bulgaria over the countries’ refusal to pay for its supplies in roubles. Russia says supplies will be halted until the payments have been…
