President Joe Biden is announcing Thursday that the United States will release an unprecedented 180 million barrels of oil from the nation’s Strategic Petroleum Reserve (SPR) over the next several months. The oil will be put out into the market at a pace of one million barrels per day on average for the next six…
Biden to Release 180 Million Barrels of Oil From Reserve
March 31, 2022
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Business & EconomycommoditieseconomyExecutive BranchGasinflationJoe BidenMarketsOilOPECPoliticsRussiaStrategic Oil ReserveUSUS News
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Russian Oil Tankers Going Dark, ‘Turning Off Transmissions Deliberately’ to Avoid Sanctions
March 31, 2022
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Business & EconomycommoditiesEuropeInternationalMarketsRussia-Ukraine Warrussian oil tankerRussian Oil Tradesanctions on RussiaWorld
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Following international sanctions, tankers from Moscow carrying oil and other petroleum products are increasingly going dark—the practice of switching off the ship’s transponders—and vanishing from tracking systems. “We’re seeing a spike in Russian tankers turning off transmissions deliberately to circumvent sanctions,” Ami Daniel, CEO of predictive intelligence company Windward, said in an interview with CNN….
The West’s Russia Sanctions Show Why States Want to Weaponize the Financial System
Commentary In the past month, Western nations have allied to wage an economic and technological war against the Russian government and key Russian institutions. These measures included economic sanctions on well-connected Russian oligarchs, Russian banks, and even a U.S. ban of Russian energy imports. Despite Western skepticism of Russian President Vladimir Putin and Russia’s imperialist ambitions, Western nations had previously been comfortable with…
UK Sanctions Russian TV Figures in Bid to Crack Down on ‘Kremlin Disinformation’
The UK has imposed new sanctions on a number of Russian “propagandists” and media organisations for spreading “lies and deceit” about the war in Ukraine. The Kremlin-backed TV-Novosti, which controls the RT news channel, and the state-owned Rossiya Segodnya, which is responsible for the Sputnik news agency, were among 14 new entries added to the…
Biden to Release of 1m Barrels of Oil a Day; Kremlin Responds to US Intelligence Claims on Putin | NTD News Today
Ukraine takes back several cities, as the country’s president asks Australia for more help. What does he warn might happen? Western officials say Putin is misinformed about the reality of the war in Ukraine, and a British agent says Russian soldiers are refusing to carry out orders. A group of Russian programmers respond to the…
The Deficiency Millions Are Suddenly Frightened Of
Fear about potential nuclear fallout has resulted in Europeans stocking up on iodine. As reported by Agence France-Presse (AFP), March 8, 2022:1 “European countries have seen stocks of iodine fly off the shelves due to fears it may be needed to counter the risks of thyroid cancer if Russia’s invasion of Ukraine causes a nuclear…
Private Sector Employment Growth Declined Last Month: ADP Report
Private sector employment growth in the United States declined in March when compared to February, according to data from the ADP National Employment Report published on March 30, as Americans continue quitting the workforce amid a tight labor market. Overall, 455,000 jobs were added for the month, which is lower than the 486,000 jobs added…
Greek Woman Charged With Murder After Deaths of 3 Daughters
ATHENS, Greece—A 33-year-old woman from southern Greece has been charged with the murder of her 9-year-old daughter, and the deaths of her two other daughters in the past three years are being reviewed in a case that has drawn national attention. Flanked by riot police and in handcuffs, she appeared in court in Athens Thursday…
Putin Signs Order Demanding Gas Payments in Rubles
Russian President Vladimir Putin said on Thursday he signed a decree that mandates “unfriendly” foreign buyers must pay in rubles for Russian gas starting on April 1. If payments aren’t made in Russia’s currency, contracts will be halted, the Russian president said. A number of European countries rely heavily on Russian gas and oil, meaning…
China’s Civil Aviation Losing Billions Amid COVID-19, Ukraine War
China’s airline industry has borne the full brunt of the tough COVID-zero policy. The Aviation authority said it may have lost billions since the epidemic began. The Russia-Ukraine war has also impacted flights that usually travel over Russian airspace. “The impact of the epidemic on civil aviation in China has far exceeded expectations.” Airline transportation…
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