Crude oil prices jumped to their highest levels since 2008 on Monday, amid fears of a ban on Russian oil imports due to Moscow’s military operation in Ukraine, as well as delays in talks on a nuclear deal with Iran.

The regulator stopped purchasing the precious metal when prices spiked at the onset of the Covid-19 pandemic The Central Bank of Russia announced it is resuming purchases of gold on the domestic market after a two-year pause. The move comes after the regulator and several of the country’s major banks fell under Western sanctions amid…

Gas prices in Europe skyrocketed on Monday, reaching over $3,900 per 1,000 cubic meters for the first time in history. The April futures at the TTF hub in the Netherlands soared to $3,899 per 1,000 cubic meters, or nearly $374 per megawatt-hour in household terms by 10:00 GMT, according to data from London’s ICE exchange.