Oil prices surged on Thursday, reaching their highest levels since 2014, as the US imposed sanctions on two shipping companies for violating a price cap on Russian crude exports. The …
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US sanctions
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Oil prices edged higher this week as the conflict between Israel and Hamas raised concerns about the stability of the Middle East, a major oil-producing region. However, the gains were …
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Japan is facing a challenge to ensure a stable energy supply amid the US sanctions on Russia, which is one of its major sources of oil, gas, and coal. The …