Gasoline prices resumed their upward trend this month, setting an average record high of $4.432 per gallon

EU embargo on Russian oil will completely disrupt global trade flows

US West Texas Intermediate crude climbed $5.68 to $105.44

Emerging markets count the costs

Economist terms lockdowns, investment risk main drivers of capital outflows

Emergency package includes taking control of critical firms

Comments from Saudi Arabian, UAE energy ministers boosted oil prices earlier

Lengthy political feud hindered fiscal reform, led to the government handing in resignation

Germany reluctant to commit to Qatar’s conditions to sign deals of at least 20 years to secure LNG volumes it needs

Covid lockdowns in China spark worries about demand outlook