Tag: Russia
World Bank official says war-driven oil price hikes to slash growth for big importers
WASHINGTON: Persistent high oil prices prompted by Russia's invasion of Ukraine could cut a full percentage point off the growth of large oil-importing developing...
Biden bans Russian oil, warns of higher prices at US pumps.
WASHINGTON: President Joe Biden announced that the U.S. will ban all Russian oil imports. Toughening the toll on Russia’s economy in retaliation for its...
Russia-Ukraine war in the world’s ‘breadbasket’ threatens food supply.
BARCELONA, Spain: The Russian tanks and missiles besieging Ukraine are threatening the food supply and livelihoods of people in Europe, Africa, and Asia. Who...