TOKYO (AP) — World markets were mixed Tuesday, with European benchmarks and U.S. futures turning higher after Asian shares extended losses. Surging prices for oil and other vital commodities have been rattling global markets and the situation remains uncertain as investors search for safe...
(Reuters) - Russia warned that oil prices could surge to $300 a barrel and it might close the main gas pipeline to Germany if the West halts oil imports over the invasion of Ukraine as peace talks on Monday made little progress. The incursion, the biggest attack on a European state since...
Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil. Prices at the pump were rising long before Russia invaded Ukraine and have spiraled faster since the start of the...
NEW YORK (AP) — Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its...