Tag : Russia

Business

Brent Crude Nears $140 Per Barrel, Headed Towards All-Time High

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A graphic showing the rising prices of crude oil. Brent oil prices soared to a near 14-year high of $140 on Sunday as traders fretted over the fallout from Russia’s invasion of Ukraine. Brent North Sea crude oil for May delivery reached $139.13 shortly after electronic trading opened around 2300 GMT, heading towards a 2008 record high......
Business

DHL Suspends Deliveries To Russia, Belarus

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File photo of DHL German logistics giant DHL announced Wednesday it was stopping deliveries to Russia and Belarus, joining a growing list of Western businesses to cease operations in the countries after Moscow’s invasion of Ukraine. The “inbound services to Russia and Belarus have been suspended”, DHL said in a statement, adding that it......
Business

Maersk, Two Other World’s Biggest Shipping Groups Suspend Russian Deliveries

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The three biggest container shipping groups in the world announced Tuesday that they were suspending non-essential deliveries to Russia, adding to the country’s economic isolation following a raft of sanctions by the West. Danish shipping giant Maersk, Switzerland-based MSC, and France’s CMA CGM all announced that they would no longer take......

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