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…

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Anwar Ibrahim points to double standards that condemn Russia’s military operation in Ukraine but don’t support a ceasefire in Gaza Malaysia’s Prime Minister Anwar Ibrahim has accused Western leaders of selectively applying international law when they condemn Russia’s military operation in Ukraine but don’t stand up for a ceasefire in the Israel-Gaza war.