Oil is fluctuating near $105 a barrel, as traders evaluated the prospect of a European Union ban on Russian crude in retaliation for the invasion of Ukraine.
(Bloomberg) Germany signaled it wouldn’t oppose a European Union embargo on Russian oil, but expressed skepticism that it’s the most effective means of damaging Vladimir Putin.
Russian missiles struck Ukraine’s capital, Kyiv, on Thursday evening, a few miles east of the city center.
President Joe Biden is seeking $33 billion in additional aid to Ukraine and new authority from Congress to seize and sell property linked to wealthy allies of President Vladimir Putin, as the Russian military intensifies its offensive. Biden's.