Ruble hits seven-year high vs euro as gas buyers concede to Russia’s demand

The Russian currency has grown stronger as European energy importers switch to ruble payments Russia’s currency has hit its strongest level against the euro since June 2015 as more European companies appear to be complying with Moscow’s demand that natural gas imports should be paid for in rubles.

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Israel vows to continue bombing Gaza after US call for humanitarian pause

West Jerusalem refuses any ceasefire that does not include an immediate release of hostages, the prime minister says Israel will not change its approach to Gaza, Prime Minister Benjamin Netanyahu said at a press conference on Friday. The Israel Defense Forces (IDF) will continue its bombing campaign on the Palestinian enclave, he said, adding that…

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Ocean freight rates skyrocketing – WSJ

Disruptions in the Red Sea have reportedly caused container prices to double in just a month The average cost of a container has more than doubled globally in the past month, according to an article in the Wall Street Journal published on Sunday.

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