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Russia announces new safe passage routes from Ukrainian cities

Previous attempts to evacuate civilians from besieged Mariupol failed, with both sides blaming each other Moscow said on Monday it was opening routes for Ukrainian civilians to evacuate to Russia amid its ongoing offensive in the country.

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Global oil prices soar past $130 per barrel

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.

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Bank of Russia resumes gold buying amid sanctions

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…

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