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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.

The National Leader of the All Progressives Congress (APC) and the presidential aspirant, Bola Tinubu, has revealed that he had helped Governor Kayode Fayemi and the former governors; Rauf Aregbesola and Olusegun Mimiko to become governors of their state. The former Lagos State governor also revealed that he had helped President Muhammadu Buhari to become one of Nigeria. Tinubu said this on Friday during paid a visit to the traditional rulers in the three senatorial districts of Ondo State, seeking their support for his 2023 presidential aspiration. Speaking at the palace of the Deji of Akure, the former governor of Lagos State said he had helped many people in the country to achieve their political goals. Among the beneficiaries of his political benevolence, Tinubu mentioned a former governor of Osun and Ondo States, Ogbeni Rauf Aregbesola, Dr Olusegun Mimiko respectively. He also mentioned Ekiti State Governor, Dr Kayode Fayemi, and the President Muhammadu Buhari among others. Tinubu said, “I helped Mimiko get his mandate through court after two years that he was elected.

Even before the invasion of Ukraine, the oil market was tight, as slashed shale production ran up against a rebound in demand.

Airfares to international destinations have soared along with the rise in oil prices following the Russia-Ukraine crisis, but on the domestic routes, the recent hike in airfares can be attributed to an increase in bookings, said travel industry officials on Friday. In January, during the third Covid wave, domestic airfares crashed with a drop in demand.

Lawmakers are calling for a ban on Russian oil to the United States.

NEW YORK – Global stock markets fell across the board Friday and energy prices soared after Russia attacked a major Ukrainian nuclear power plant, the largest in Europe, exacerbated worries about the hit to the continent and its economy. Europe’s main stock markets closed sharply lower, with Paris down five percent and Frankfurt losing 4.4 […] The post Stocks sink, gas and oil prices soar over Ukraine fears appeared first on Inquirer Business .

The green energy push in Europe has these days been overshadowed by events in Ukraine but it has not completely left the spotlight. On the contrary, EU officials have been adamant that the transition must continue despite the growing body of evidence that the continent—or the union that takes up most of it—cannot cope with renewables only. The International Energy Agency, never far from yet another bold energy transition declaration, first coordinated a planned release of 60 million barrels of crude to try and lower international oil…

More price hikes could be in store, and some analysts predict that oil could reach $130 per barrel.

With prices of edible oil rising by around 10% in the state following the ongoing conflict between Russia and Ukraine, food supplies and consumer welfare minister Ranendra Pratap Swain on Friday urged the Centre to temporarily cut import duty and other tariffs to provide relief to

Blinken argued that sanctions would drive up the cost of oil and provide Russia more short-term benefit.

Mikhail Khodorkovsky, an oil tycoon who was formerly Russia''s richest man says he thinks the Russian President Vladimir Putin''s ‘became a criminal’ after his invasion of Ukraine.

A strong jobs number wasn’t enough to push major indexes higher, with many investors focused on Russia’s escalating military campaign. Oil prices rose again.

Many companies in HCM City have raised the prices following the continual increase in petrol prices. Friday, 04 March 2022 2:03 PM