LIVE Dow Edges Higher Following Powell's Speech Last Updated: 38 min ago Oil Futures Extend Gains on Russia Supply Concerns By Anthony Harrup, Dow Jones Newswires Crude futures are pushing higher on continued Ukrainian strikes against Russian oil facilities and reports that Russia is considering extending fuel export restrictions if necessary to meet domestic needs. "Russian chaos has put a bid in the market today, with President Trump renewing his call for European Union countries to stop buying Russian oi ...

BRUSSELS: The European Union has proposed moving its ban on Russian gas imports forward by one year as part of new sanctions designed to weaken Moscow’s war funding and satisfy US President Donald Trump. This 19th package of EU sanctions since Russia’s 2022 invasion of Ukraine also targets companies, banks, and traders in China and India accused of helping Moscow circumvent existing restrictions. The European Commission aims to phase out liquefied natural gas purchases from Russia by January 2027 under the ...