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Oil prices surge above $100 a barrel as war on Ukraine rages

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...

One Putin move and behold: West's unity tightens overnight

BRUSSELS (AP) — Within days, Russian President Vladimir Putin has achieved what remained out of the grasp of the European Union for many decades — to jointly buy and send weapons to a war zone — and restored something that was broken for years — trans-Atlantic unity. For years, Putin...

Ruble plummets as sanctions bite, sending Russians to banks

Ordinary Russians faced the prospect of higher prices and crimped foreign travel as Western sanctions over the invasion of Ukraine sent the ruble plummeting, leading uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet...

Analysis: Ukraine war tests growing China-Russia partnership

Three weeks ago, the leaders of China and Russia declared that the friendship between their countries “has no limits” as they met in Beijing on the eve of the Winter Olympics. But that was before Russia's invasion of Ukraine, a gambit that is testing just how far China is willing to go....