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Police in the US and Canada are warning drivers to take extra steps to protect their vehicles from possible gas thefts as fuel prices surge at a pace not seen in over a decade.

Putin To Send Fighters From Middle East To Ukraine Despite ''Peace'' Optimism One day after pessimistic headlines followed the first high-level peace talks between Russia and Ukraine, Russian President Vladimir Putin on Friday said, "there are certain positive developments in the negotiations on Ukraine." This came hours after the president said he would send thousands of Middle Eastern fighters into the war-torn country. We covered Putin''s comment earlier about the so-called "positive developments" that was a well-timed headline that sent equity futures soaring and crude prices lower (read: here ). Now we focus our attention on the not-so-good news. Hours ago, Bloomberg quoted Putin as saying thousands of local fighters from the Middle East were ready to join its forces in Ukraine. "We need to help them get to the war zone," Putin told his Security Council on a video conference call earlier on Friday. Defense Minister Sergei Shoigu said Russia received at least 16,000 applications from people in the Middle East who want to fight in Ukraine.

Oil futures rise Friday, but are on track for a weekly loss as they retreat from nearly 14-year highs.

(Reuters) – Global bond funds saw big outflows in the week to March 9 due to a spike in crude oil prices and concerns over soaring inflation levels, amid intensifying conflict between Russia and Ukraine.

(Reuters) - Global bond funds saw big outflows in the week to March 9 due to a spike in crude oil prices and concerns over soaring inflation levels, amid intensifying conflict between Russia and

Europe''s reliance on energy from Russia has jacked up the odds that the region could enter a recession this year as soaring inflation pushes people to cut back spending. The United States is more insulated from the spike in oil and gas prices — but it''s not immune.

There''s a gusher of value to be found in oil and gas stocks today.

The Russian Deputy Prime Minister Alexander Novak spoke to Hardeep Singh Puri, Minister of Petroleum and Natural Gas on Friday and discussed bilateral cooperation between the two countries.

Police and small retailers are preparing for an increase in “gas-and-dash” thefts as gasoline prices across Canada soar following sanctions against Russia that have put the squeeze on global oil supply. The invasion of Ukraine just over two weeks ago has prompted some countries, including the United States, to ban imports of Russian oil or […]

World powers and Iran suspended their efforts to revive the 2015 nuclear accord, reigniting a crisis that’s set to roil already surging oil markets and could plunge the energy-exporting Persian Gulf into a new cycle of violence.

Australia will ban imports of Russian energy, but only after shipments already ordered and paid for arrive, its Foreign Ministry has said Read Full Article at RT.com

Russia''s invasion of its neighbor has caused additional increases in oil and food prices, further harming developing countries struggling to recover from the pandemic. Multilateral organizations should provide financing to help these economies cope with multiple shocks, and back regulations to prevent speculation in key markets.

India’s Cairn Oil & Gas, a unit of Vedanta Ltd., will spend as much as $4 billion over the next three years to more than triple its production, as high prices make investments attractive.India’s biggest non-state producer, controlled by billionaire Anil Agarwal, plans to drill more wells to explore new oil and gas reserves across its 51 blocks in the country, Prachur Sah, deputy chief executive officer of Cairn, said in an interview to Bloomberg TV Friday.“Our target is to reach half a million production in a very short time by doing these investments,” he said. “This investment is not just a number, but we have projects in line. We are looking at exploration heavily over the next few years to get to these levels.”Cairn’s plan stands out compared to producers around the world, most of whom are staying away from committing investments in oil and gas and which is leading to a sharp increase in prices as rebounding demand outstrips supply. That’s impacting import-dependent nations such as India, which meets 85% of its oil needs through overseas purchases, and prompting the government to push explorers to expand their oil hunt.The company produces a quarter of India’s overall oil production and aims to raise the contribution to 50% of the country’s total output, according to its website.

U.S. stock futures wobbled and oil prices jumped, extending a volatile stretch for markets as investors assessed the latest developments from the war in Ukraine.

The old saying among foreign investors that “if you are not in Nigeria, you are not in Africa” is increasingly being confined to the past. Perhaps some government officials are the only ones still in denial that Nigeria’s stature in the foreign investor community is shrinking. The many challenges with doing business in Nigeria is responsible for spooking foreign investors away from Africa’s most populous nation. That has coincided with the race by other African countries to attract investment. These smaller countries relative to Nigeria are offering investors more than Nigeria is willing to and are therefore stealing a march on the “giant of Africa”. It’s still unthinkable that the Japanese car maker, Toyota, chose Ghana over Nigeria in 2021 to set up its first and only West African assembly plant. For context, Nigeria is about 10 times the size of Ghana, yet it was the small country that got the nod for the plant. Never mind that Nigeria will be the prime target market for the Ghanaian operations.