IBT Staff Reporter

Russia's size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine are having outsized consequences relative to earlier freezes on Iran and North Korea.

Russia's size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine are having outsized consequences relative to earlier freezes on Iran and North Korea.

Oil prices see-sawed near 14-year highs on Tuesday as the United States considered acting alone to ban Russian oil imports rather than teaming up with allies in Europe, easing concerns of a wider disruption to crude supplies.

Oil prices see-sawed on Tuesday with Brent crude futures trading at $125 per barrel, around 10% below a 14-year high struck in the last session, reflecting relief that European allies were not planning to join a possible U.S.

Oil prices rose on Tuesday, with Brent surging past $126 a barrel, as fears of formal sanctions against Russian oil and fuel exports spurred concerns about supply availability.

Oil prices rose on Tuesday, with Brent surging past $127 a barrel, as the possibility of formal U.S. sanctions against Russian oil exports spurred concerns over supply.

Oil prices rose on Tuesday, with Brent surging past $129 a barrel on expectations that the United States will announce a formal ban on Russian oil imports, stoking supply concerns.

Oil prices rose on Tuesday, with Brent surging past $132 a barrel on expectations that the United States and Britain will announce a formal ban on Russian oil imports, stoking supply concerns.

Oil prices surged on Tuesday as the United States and Britain moved to ban Russian oil imports, a decision that is expected to worsen disruptions in the global energy market as Russia is the second-largest exporter of crude.

Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year end, decisions expected to further disrupt the global energy market where Russia is the second-largest exporter of crude.

Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports and Britain said it will phase them out by year end, decisions expected to further disrupt the global energy market where Russia is the second-largest exporter of crude.

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World stocks held at a one-year low on Tuesday, while gold climbed above the key $2,000 level, as the prospect of a ban on Russian oil imports pushed up oil prices and raised concerns of soaring inflation and slowing economic growth.

European stocks and Wall Street futures edged slightly higher on Tuesday, but markets remained volatile as the prospect of a ban on Russian oil imports pushed oil prices higher and added to investor fears over inflation.

Global share markets slid lower on Tuesday as oil remained near record highs and the prospect of a U.S. ban on Russian oil imports stoked volatility and fears of stagflation.

Global share markets slid lower on Tuesday as oil remained near record highs after the United States banned Russian oil and other energy imports, stoking volatility and concerns about inflation.

Global share markets edged higher on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy imports over Moscow's invasion of Ukraine.

Global share markets fell on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy imports over Moscow's invasion of Ukraine.

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Officials from the Organization of the Petroleum Exporting Countries (OPEC) on Monday met with executives of several top U.S.

Officials from the Organization of the Petroleum Exporting Countries (OPEC) met U.S.

The euro was pinned near a 22-month low on Tuesday as war in Ukraine darkens Europe's economic outlook, while commodity currencies took a breather in their weeks-long rally.

The euro edged up from 22-month lows on Tuesday as war in Ukraine darkens Europe's economic outlook, while currencies sensitive to soaring commodity prices were volatile.

The euro on Tuesday rallied from 22-month lows against the U.S.

The euro on Tuesday climbed from 22-month lows against the U.S.

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