Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, experts warn - Trump has threatened 100% ‘secondary tariffs’ on likes of India and China ...

Oil prices rose nearly 1% on the news, while Indian media outlets reported that the new levy could spike the country's oil bill by up to $11 billion. New Delhi labeled the additional levy "unfair ...

Oil prices could spike globally if Russia’s more than 7 million exported barrels of oil per day abruptly disappear.

Kazakhstan’s oil volume via BTC is expected to clock in at 1.7 million tons in the current year, an increase of only 300,000 tons. That said, Kazakhstan might be motivated to support Russia now ...

If the conflict eliminates Iranian oil from the market, oil prices could spike by about $7.50 a barrel, according to Andy Lipow, president of Lipow Oil Associates, a consulting firm.

Regime change could send oil prices significantly higher, particularly if it results in a loss of oil from Iran. “The main concern is any disruption to energy flows and global confidence.

Oil prices steadied Tuesday following a sharp rally driven by U.S. pressure on Russia, a historic U.S.–EU energy agreement, and looming OPEC+ decisions.

Michigan gas prices rose, up 10 cents from a week ago, despite declines in demand and oil prices, according to AAA. Throughout the state, gas was selling — on average — at $3.23 a gallon.

Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, warns expert (REUTERS) But Mr Kolyandr doubts Mr Trump will follow through with the tariffs ...

Oil prices could spike globally if Russia’s more than 7 million exported barrels of oil per day abruptly disappear.