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Secretary of State Antony Blinken says Biden has convened a meeting of his National Security Council on the subject

"World War 3 Has Likely Started": Bill Ackman Goes Full ''Hell is Coming'' On Twitter How could anyone forget Bill Ackman''s famous proclamation that ''hell is coming'' live on CNBC during the early months of the Covid pandemic? While Ackman took to live television and helped move markets lower, he was also somewhere in the process of cashing out a massive, multi-billion dollar hedge on the market crashing. Ackman''s speech nearly marked the bottom for markets in 2020. Now, Ackman appears to be having the same type of meltdown about Ukraine - only this time, on Twitter. And whether or not these speeches are in his best interest or genuine suggestions for the betterment of mankind remain to be seen. Regardless of motivation, the hedge fund manager took to Twitter this weekend to pontificate about the potential long-lasting effects on the Russia/Ukraine situation that''s unfolding. Likening it to Covid, Ackman wrote: "In January 2020, I had nightmares about the potential for a pandemic, but everyone seemed to think I was crazy.

With gasoline and crude oil prices near levels associated with recessions, some investors are betting it is time to take profits in energy stocks. Maybe not.

White House press secretary Jen Psaki said last Friday that the administration is "looking at options amid pressure from bipartisan lawmakers in Congress.

NBC News Secretary of State Antony Blinken on Sunday revealed that the United States was engaging with its European allies on a potential ban on Russian oil imports, as the international community looks to inflict further punishment for its unprovoked war on Ukraine. In a private Zoom call this weekend, Ukrainian President Volodymyr Zelensky emotionally appealed to U.S. lawmakers to impose even more crippling economic sanctions on Russia in an effort to cease President Vladimir Putin’s assault on his country. Zelensky also urged America to target Russia’s oil industry, asked for more direct military aid, and pushed for the establishment of a “no-fly zone” over his country. While the Biden administration had previously downplayed the possibility of sanctioning Russian oil to punish Putin , saying they “don’t have a strategic interest in reducing the global supply of energy,” Blinken was singing a different tune on Sunday. Read more at The Daily Beast.

Washington Post published this video item, entitled "U.S. officials consider accusations of war crimes in Ukraine, blocking Russian oil" - below is their

Secretary of State Antony Blinken said Sunday on CNN''s "State of the Union" that the United States was engaged in an "active discussion" on banning Russian oil imports.

MOSCOW: In an effort to safeguard its trade and business interests in the face of tough sanctions imposed on it after its invasion of Ukraine, Russia on Saturday sought guarantees from the US before committing to supporting the proposed Iran nuclear deal. The statement by Russian Foreign Minister Sergei Lavrov about the guarantees his government was seeking poured cold water on the prospects of an early revival of Tehran’s 2015 nuclear deal. Commenting on the announcement by Russia, which could torpedo months of intensive indirect talks between Tehran and Washington in Vienna, an Iranian official said: “Russians had put this demand on the table (at the Vienna talks) since two days ago. There is an understanding that by changing its position in Vienna talks Russia wants to secure its interests in other places. This move is not constructive for Vienna nuclear talks,” said the Iranian official in Tehran. Iran and the International Atomic Energy Agency (IAEA), meanwhile, said after talks in Tehran that they had agreed on an approach to resolve issues crucial for efforts to revive the deal.

An end to military occupations. This crisis shows how nothing has really changed since the end of the Second World War. The mercantile, crude and warlike vision still rules the world. From all sides, propaganda information assures us that all… Parti Humaniste Belgique

"Yesterday we made the difficult decision to purchase a cargo of Russian crude oil," Shell tweeted.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Oil prices continue to surge … the factors that are likely to keep it elevated … looking at how the Russian situation could resolve, and the implications for oil Yesterday, oil briefly topped $115 a barrel – that’s the highest price since 2008. As you can see below, West Texas Intermediate Crude (WTIC) has…. The post Why Oil Can Go Higher appeared first on InvestorPlace .

Shell has defended its continued purchases of Russian oil, but will hand over the profits from this trade to a humanitarian fund for Ukraine.

The United States and the European Union have been reluctant to slap sanctions on Russia''s oil and gas exports since Putin invaded Ukraine, as the Western allies are concerned about the repercussions on Europe''s energy supply and skyrocketing oil and gasoline prices. Still, potential sanctions on Russian energy exports are not off the table. If the West bans Russian oil, international crude prices could skyrocket to $150 per barrel, analysts say. But even in the event of no sanctions on Russian oil, prices are set to remain very…

Two-time Olympic gold medallist basketballer Brittney Griner faces up to 10 years in a Russian prison after being arrested at a Moscow airport.

Shell Oil, Europe’s largest oil company, has said it will donate the profits from a recent purchase of Russian crude oil to a fund designed to help Ukrainian refugees following criticism from Ukraine’s foreign minister. “We will commit profits from the limited amount of Russian oil we have to purchase to a dedicated fund,” the […]