EU officials have proposed a ban on insuring ships that carry Russian oil, a transfer aimed at blocking Russia’s accessibility to world oil markets and the income that has fueled its armed service invasion of Ukraine. “In effect, it would be a quite potent hindrance to export Russian crude,” reported […]
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Wall Street’s main benchmarks attempted a comeback into Tuesday’s close but turned lower as investors weighed an announcement by President Joe Biden that the U.S. will ban Russian imports of oil and energy, stoking worries the move could raise gas prices further and worsen inflation. [Click here to read what’s […]