Oil jumped more than 2 percent on Wednesday after Russian President Vladimir Putin announced a partial military mobilization, escalating the war in Ukraine and raising concerns of tighter oil and gas supply. Brent crude futures rose $2.28, or 2.5 percent, to $92.90 a barrel by 0707 GMT after falling $1.38 ...
In his TV address on Wednesday, Russian Defense Minister Sergei Shoigu said that Russia was at war with the collective West rather than Ukraine. “In reality, we are fighting the collective West plus NATO. When we speak about it, we mean not only the weapons being supplied [to Kiev] in ...