Oil Hits Five-Month High as US Sanctions on Russia Menace Supply
Oil settled near $79 a barrel — a five-month high — as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies from one of the world’s top producers.Most Read from BloombergThese Homes Withstood the LA Fires.
Russia is willing to help develop Vietnam's nuclear power sector and provide it with crude oil and LNG, the two countries ...
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China and India may seek oil from other regions, while Russia might offer discounts.
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U.S. Cripples Russia’s Arctic Oil IndustryThese measures have halted crude oil deliveries to Asian buyers, leading to logistical challenges and growing stockpiles, ...
The price of WTI crude oil approached $80, marking a five-month high, and lifted ETFs holding oil and energy stocks in the process.
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