Oil jumps on report US to ban Russian oil imports – business live

Rolling coverage of the latest economic and financial newsLatest: Bloomberg says US to announce ban on Russian oil importsLondon Metal Exchange to cancel today’s nickel tradesBloomberg: Chinese Tycoon Behind Big Nickel Short Faces Billions in LossesShell to pull out of Russian oil and gas marketCEO Ben Van Beurden apologises for buying tanker of Russian crudeHow important is Russian oil and how high could prices go?Russia-Ukraine war: humanitarian corridor opened from Sumy; Moscow threatens to cut gas supplies to Europe – liveEurope’s stock markets are calmer this morning, after recent heavy falls.In London, the FTSE 100 index is down just 12 points, or 0.2%, having hit seven-month lows at one point yesterday before partially recovering. Continue reading…

Rolling coverage of the latest economic and financial news

Europe’s stock markets are calmer this morning, after recent heavy falls.

In London, the FTSE 100 index is down just 12 points, or 0.2%, having hit seven-month lows at one point yesterday before partially recovering.

Continue reading…

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