War in Ukraine is expected to lead to higher fuel prices
This post was originally published on this siteWashington – As Russia moves troops into Ukraine’s Donbas region, experts warn that the likelihood of a civil war erupting in Europe, coupled with heavy sanctions against Russia, is likely to cause instability in the energy market, potentially resulting in significantly higher costs...
Oil prices have risen to nearly $ 100 a barrel after Putin ordered troops to enter Ukraine
This post was originally published on this site Oil has risen to its highest level since 2014, after Russia ordered the entry of two fugitive regions in eastern Ukraine, adding to prices approaching $ 100 a barrel. The West Texas Intermediate (WTI) crude, the U.S. benchmark, jumped more than 3...
Germany stops Nord Stream 2 pipeline, US weighs response to Russian action in Ukraine
This post was originally published on this siteConvoys of armored vehicles were seen rolling across Ukraine’s separatist-controlled territories. It wasn’t immediately clear if they were Russian.
Ukraine-Russia: Germany suspends Nord Stream 2 gas pipeline
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Congress has tough words on Putin and Russia’s aggression in Ukraine, but can’t agree on sanctions
This post was originally published on this siteA Democratic bill has yet to draw GOP backing for two main reasons: the timing of the actual sanctions and how to handle the Nord Stream 2 pipeline.
Democrats threaten to play hardball over Cruz’s blockade
This post was originally published on this siteDemocrats are threatening hardball tactics as they try to break a blockade by Sen. Ted Cruz (R-Texas) that has left dozens of President Biden’s State Department nominees in limbo. Democrats and the conservative firebrand are struggling to make…
Biden’s push against sanctions on Russia’s pipeline puts Democrats in a bind
This post was originally published on this siteThe Biden admin is pressing Democrats to reject sanctions on Russia’s Nord Stream 2 gas pipeline, even as it warns Moscow to pull back troops from Ukraine.