Oil surges to 2-month high after EU agrees to ban most Russian crude imports, China eases Covid rules
- By: News
- Category: Uncategorized
- 0 comment
Oil surged to a two-month high over $123 a barrel Tuesday after the EU agreed a ban on most Russian imports. Chinese authorities loosened restrictions in Beijing and Shanghai, adding to the upward pressure on prices. The EU has agreed to a temporary exemption for pipeline oil imports from Russia, but aims to ban all seaborne trade. For more stories visit Business Insider. Oil jumped to a two-month high of…
Read more →