Oil settles up $1

Oil settles up $1 as EU agrees further sanctions threatening Russian oil flows
Oil prices settled more than $1 higher on Wednesday after the European Union agreed to an additional round of sanctions threatening Russian oil flows that could tighten global crude supplies.
Crude climbs as U.S. reportedly considers oil sanctions on Russia
Crude prices headed higher for a third straight session on Wednesday, with China’s plans to boost its economy expected to lift energy demand and as talk of new U.S. oil sanctions on Russia raised prospects for tighter global supplies.
EU Targets Russia's Ghost Fleet Shipping Oil in a New Round of Sanctions
European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine, targeting in particular a vast shadow fleet of ships that Moscow is exploiting to skirt restrictions on transporting oil and fuel,
Oil rises 1% as EU agrees further sanctions threatening Russian oil flows
Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions threatening Russian oil flows, while a larger-than-expected build in U.S. fuel stockpiles last week capped the gains.
EU imposes new sanctions on Russia
The Associated Press reports the new sanctions are directed at some 50 “routinely decrepit” ships that Russia uses to avoid restrictions on transporting oil and fuel. "I welcome the adoption of our 15th package of sanctions,
EU slaps new sanctions on Russia targeting 'shadow fleet' of oil tankers
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EU to discuss sanctions against Russian hybrid threats for first time - Reuters
EU ambassadors are set to discuss sanctions against Russia's hybrid threats, including election interference, cyberattacks, and economic sabotage, Reuters reports. Information regarding the plans of EU ambassadors to discuss new sanctions against Russia was revealed to the news agency by unnamed diplomats.

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