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…

Four Ukrainian artillery rounds struck the spent fuel storage area, Energodar officials say Four artillery projectiles fired from Ukrainian positions struck the fuel storage site of the Zaporozhye nuclear power plant on Friday, authorities in the Russian-controlled city of Energodar claimed. They added that radiation levels remain normal, suggesting that they inflicted no damage.

For the US, the conflict is a “lucrative business project,” Dmitry Birichevsky has said A senior Russian diplomat pushed back on an attempt by Albania, a US ally, to use a regional forum for political grandstanding in support of Ukraine, the Russian Ministry of Foreign Affairs (MFA) has revealed.