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Bullish Weekend For Oil: Russia Divestment & Middle East Attacks

Biden oil ban adds uncertainty for US oil and gas companies

President Joe Biden’s decision to ban all Russian oil imports has forced his administration to shift its posture toward domestic energy almost entirely in a matter of days, with the White House urging oil and gas companies to ramp up production after months of discouraging investments in fossil fuels and attempting to pass anti-drilling regulations.

U S or Russia? Ukraine crisis poses dilemma for wealthy Gulf

Choosing sides in Ukraine's crisis would have once been easy for Gulf states long protected by the U.S., but growing ties with Moscow are forcing them to strike a balance. As the world rushed to condemn the Russian invasion of its smaller neighbor, the wealthy Gulf Cooperation Council (GCC) countries,…

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