global oil prices
Russia’s Fuel Export Ban Sparks Global Oil Market Turmoil
Russia’s sweeping ban on gasoline and diesel exports, triggered by unprecedented Ukrainian drone strikes, is causing domestic shortages and driving sharp volatility in global oil markets.
Brent fell to $73.63 amid continued declines
On Monday morning, the price of Brent crude oil continued its decline, hitting $73.63 per barrel for January futures on London’s ICE Futures exchange. This marked a $0.25 (0.34%) drop from Friday’s close, when Brent prices saw a more substantial…
