Oil Prices Rise as the West Imposes a Cap on Russian Crude

Oil Prices Rise as the West Imposes a Cap on Russian Crude

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Oil prices climb despite efforts to cap Russian exports Crude oil prices rose this morning after a whirlwind of events that could drastically alter the supply and pricing of energy this winter. An E.U. embargo on Russia’s seaborne oil imports went into effect on Monday, following a decision on…

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