The US House of Representatives has voted in favor of a bill that includes $13.6 billion in aid to Ukraine facing a Russian invasion, as well as $1.5 trillion in spending to fund US government programs through September 30. The House approved bipartisan spending and referred the legislation to the …

Japan’s Nikkei index posted its biggest gain in 21 months, following in the footsteps of global equities as market sentiment recovered, as it looked like Ukraine and Russia would resume diplomatic talks and as oil prices reversed some of their recent gains. Nikkei rose by 3.94% to close at 25690.40 …

Oil prices recovered on Thursday after the United Arab Emirates said it was committed to the OPEC+ agreement to increase monthly supplies by 400,000 barrels per day, hours after its ambassador in Washington said his country favored a larger increase. US West Texas Intermediate crude contracts jumped more than three …

Today, President Biden will sign an Executive Order to ban the import of Russian oil, liquefied natural gas, and coal to the United States – a significant action with widespread bipartisan support that will further deprive President Putin of the economic resources he uses to continue his needless war. The …

The EU announced on Wednesday that it is to restrict the provision of SWIFT services to major Belarussian banks, including Belagroprombank, Bank Dabrabyt, and the Development Bank of the Republic of Belarus, as well as their Belarusian subsidiaries, reported Reuters. The EU will also prohibit transactions with the Central Bank …

Britain will increase its oil and gas production, Transport Secretary Grant Shapps said on Wednesday, after it said it would ban Russian oil supplies at the end of the year. Britain said on Tuesday it would phase out imports of Russian oil and petroleum products by the end of 2022 …

The EU announced on Wednesday that it is to restrict the provision of SWIFT services to major Belarussian banks, including Belagroprombank, Bank Dabrabyt, and the Development Bank of the Republic of Belarus, as well as their Belarusian subsidiaries, reported Reuters. The EU will also prohibit transactions with the Central Bank …

European shares rebounded on Wednesday as investors picked stocks that were battered in a recent market sell-off on concerns about mounting Western sanctions against Russia after its invasion of Ukraine. The pan-European Stoxx 600 index rose 2.6 percent after a series of four-day losses. The hard-hit banking, travel, and leisure …

Oil prices rose on Wednesday amid fears of a potential supply shock after the United States banned Russian oil imports and amid signs that some buyers are already avoiding them. Brent crude futures rose $2.91, or 2.27 percent, to $130.89 a barrel, after jumping 3.9 percent the previous day. US …

Gold prices fell on Wednesday after approaching a record level, with the dollar holding near its highest level in 21 months and investors taking some profits, while the price of palladium rose after the Ukrainian crisis raised fears of a lack of supplies from Russia, its largest producer. And the …