Russia-Ukraine Tension Archives — City Business News

November 9, 2023 No Responses

Russia-Ukraine Crisis Takes Toll On Nigeria’s Crude

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable...

March 4, 2022 No Responses

Oil Surge Rattles Markets As Ukraine Conflict Intensifies

Oil prices soared again on Thursday as the Ukraine war triggered a dash for commodities that could be in short supply, while stock markets slipped as investors worried about higher inflation and slowing economic growth. Brent crude oil rose more...

March 3, 2022 No Responses

Toyota, Honda, VW, Jaguar Land Rover, Others Cut Business In Russia

Japanese car makers Toyota and Honda have joined the growing list of corporates pulling out of Russia as the Ukraine crisis continues to intensify. They follow western car makers Volkswagen, Volvo and General Motors, motorcycle maker Harley...

March 1, 2022 No Responses

Canada To Ban Imports Of Crude Oil From Russia

Canadian Prime Minister Justin Trudeau has announced a ban on Russian oil imports following the country’s invasion of Ukraine. Mr Trudeau said oil revenues have helped to prop up President Vladimir Putin and Russian oligarchs. Coordinated Western s...

February 26, 2022 No Responses

Nigeria Summons Russian, Ukrainian Envoys

February 23, 2022 No Responses

Oil Prices Surge As Ukraine-Russia Tension Climb

Oil and gas prices climbed on Tuesday on fears the Ukraine-Russia crisis will disrupt supplies across the world. The price of Brent crude oil, an international benchmark, touched a seven-year high of more than $99 (£73) a barrel after President Vla...

February 21, 2022 No Responses

Lufthansa, Swiss Air To Suspend Flights To Ukraine Capital

Lufthansa and Swiss Air will suspend flights to the Ukraine capital Kyiv from Monday amid growing fears of a Russian invasion. The German airline Lufthansa said it would also stop flights to Odessa, a key port on the Black Sea. ...