War in Ukraine is expected to lead to higher fuel prices

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...

Read more
Oil prices have risen to nearly $ 100 a barrel after Putin ordered troops to enter Ukraine

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...

Read more
Germany stops Nord Stream 2 pipeline, US weighs response to Russian action in Ukraine

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.     

Read more
Congress has tough words on Putin and Russia’s aggression in Ukraine, but can’t agree on sanctions

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.     

Read more
Democrats threaten to play hardball over Cruz’s blockade

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…

Read more
Biden’s push against sanctions on Russia’s pipeline puts Democrats in a bind

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.

Read more