Commodities

Oil prices surge as US mulls Russian import ban

By Abigail Townsend

Date: Monday 07 Mar 2022

(Sharecast News) - Crude prices closed in on all-time highs on Monday after the US confirmed it was considering curbing Russian oil imports.
Benchmark Brent crude initially surged almost 18% in early trading to more than $139 a barrel, its highest since 2008, before paring back gains.

By 1030 GMT,...

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