British and Dutch gas prices hit new record highs on Monday after Washington at the weekend said the United States and European allies are exploring banning imports of Russian oil. ›

Brent crude soared near $130 a barrel on Monday, its highest since 2008, as the United States and European allies mull a Russian oil import ban and delays in the potential return of Iranian crude to global markets fuelled tight supply fears. ›

British and Dutch gas prices soared on Friday, with some contracts hitting all-time highs, as market participants continued to fear disruptions to Russian gas supplies to Europe in light of the war in Ukraine. ›

British and Dutch gas prices rose on Friday in a highly volatile market, driven by a cool weather outlook and continued uncertainty over Russian gas supplies to Europe in light of the war in Ukraine. ›

Oil prices rebounded on Friday as fears of Western sanctions that could disrupt Russian oil exports outweighed the possibility of more Iranian supplies while reports of a nuclear plant fire in Ukraine spooked financial markets. ›

U.S. sanctions targeting Russian refineries, disruptions to shipping and a fall in U.S. crude stocks to multi-year lows kept oil prices racing on Thursday as Brent charged towards $120 a barrel, its highest in almost a decade. ›

British and Dutch gas prices soared over 30% on Wednesday morning, driven by anxiety over the continued supply of Russian gas and possible sanctions in response to the invasion of Ukraine. ›

Oil prices surged on Wednesday as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sources in an already tight market. ›

Oil prices surged on Tuesday as concerns over potential supply disruptions after Russia’s invasion of Ukraine and related sanctions outweighing talks of a coordinated global crude stocks release. ›