Jump to content

News Forum - Global oil prices hit 14-year high as Western nations consider banning Russian oil imports


Thaiger
 Share

Recommended Posts

Global oil prices have risen more than 6%, surging to the highest prices since 2008 on Monday, as the US and European allies consider an import ban on a Russian oil. Meanwhile, fears of a global oil supply shortage are being further compounded by the delay of Iranian crude’s potential return to global markets, as the Kremlin demands a guarantee that sanctions will not harm its trade with Tehran. Russia is the No. 1 combined exporter of oil and crude products, accounting for some %7 of supply globally and exporting around 7 million barrels per day. Fuel prices have already […]

The story Global oil prices hit 14-year high as Western nations consider banning Russian oil imports as seen on Thaiger News.

Read the full story

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use