spiking

Trump eases Russian oil sanctions as Iran war sends prices spiking

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The United States has temporarily lifted sanctions on Russian oil, a boost to the Kremlin as Washington tries to contain energy prices sent soaring by the American-Israeli assault on Iran. President Vladimir Putin’s team welcomed the move to ease penalties that were imposed over Russia’s invasion of Ukraine, and pushed Friday for the U.S. to … Read more

Asian shares jump after US stocks rebound as oil prices stop spiking

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BANGKOK — Shares opened sharply higher in Asia on Thursday after a rebound on Wall Street, as South Korea’s Kospi took back the 12% it had shed a day earlier. In Tokyo, the Nikkei 225 jumped 4.3%, to 56,600.44. The Kospi was at 5,702.02 and trading was suspended after the benchmark shot up shortly after … Read more