China’s National Bureau of Statistics said the country’s coking coal imports from Russia soared to 1.4 million tons in March, compared to 590,000 tons for the same month last year and 1.1 million tons in February. Overall, the nation more than doubled purchases of Russian steel-making coal, procuring the fuel at a discount.

The price of oil could soar if the European Union abruptly bans Russian crude from its energy markets, JPMorgan said on Tuesday in a note seen by Business Insider. According to the investment bank, a full and immediate embargo would displace four million barrels of Russian oil per day, sending the benchmark Brent crude to…

Intelligence sources told CNN that American weaponry sent to Ukraine is difficult to track The US government is scrambling to trace large quantities of “lethal aid” transferred to Ukraine’s armed forces in recent months, officials have allegedly leaked to CNN, noting that intelligence agencies have “almost zero” ability to follow the shipments to their final end-users.