Global crude prices stabilized on Monday after an armed insurrection by the Wagner private military company was resolved in Russia, one of the world’s top energy exporters. Brent crude futures were up nearly 0.72% at $74.38 per barrel by 07:25 GMT. US West Texas Intermediate crude (WTI) traded 0.65% higher at $69.61. Both benchmarks gained…
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EU officials have been debating ways of confiscating the funds and sending them to Ukraine Germany has raised objections to Brussels’s plan to use frozen Russian Central Bank assets for Ukraine’s reconstruction, warning of the legal and financial risks arising from such a move, the Financial Times reported on Monday.
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The banking major can no longer guarantee full access to stocks in the sanctioned country that belong to its clientele Germany’s Deutsche Bank has disclosed that it can no longer guarantee full access to clients’ investments in Russian stocks, according to a note sent by the lender to its clientele and viewed by Reuters.
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