By Julia Payne and Ahmad Ghaddar LONDON (Reuters) – European refiners have found themselves oversupplied with crude as an expected shortage owing to the looming EU ban on Russian oil has yet to[...]
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Middle East
Oil falls on worries of U.S. rate hikes, China demand outlook
By Arathy Somasekhar HOUSTON (Reuters) -Oil fell more than 3% on Thursday as rising numbers of COVID-19 cases in China and the suggestion of higher interest rates than currently expected in the United[...]
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U.S. imposes new sanctions over Iran sanctions evasion, targets Chinese firms
By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on over a dozen companies based in China, Hong Kong and the United Arab Emirates that Washington accused of f[...]
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Oil falls as Druzhba pipeline reopens, China COVID worries stay at the fore
By Shariq Khan BENGALURU (Reuters) -Oil prices settled more than a dollar lower on Wednesday after Russian oil shipments via the Druzhba pipeline to Hungary restarted and as rising COVID-19 cases in C[...]
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Binance CEO Zhao: Significant interest in crypto industry recovery fund
By Rachna Uppal ABU DHABI (Reuters) -Binance Chief Executive Changpeng Zhao said on Wednesday there was significant interest from industry players in a recovery fund his company plans to launch to hel[...]
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U.S. targets supply of Iranian drones to Russia in new sanctions
By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Tuesday imposed sanctions on companies and people it accused of being involved in the production or transfer of Iranian drones that have[...]
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