(Bloomberg) -- Oil fell after its first back-to-back weekly decline this year as traders weighed the potential next steps from Iran and Israel amid simmering...
-- Oil fell after its first back-to-back weekly decline this year as traders weighed the potential next steps from Iran and Israel amid simmering tension in the Middle East.Trump Has Only $6.8 Million for Legal Fees With Trial Underway
Brent edged lower to near $87 a barrel after losing 3.5% last week, the biggest decline since early February. The US passed new sanctions on Iran’s oil sector, and also approved fresh funding for Ukraine in its war against Russia.Oil is around 13% higher this year due to the geopolitical tensions and OPEC+’s supply cuts that have tightened the market.
KYIV, Ukraine — Ukrainian and Western leaders on Sunday welcomed a desperately needed aid package passed by the U.S. House of Representatives, as the Kremlin warned that passage of the bill would “further ruin” Ukraine and cause more deaths. Ukrainian commanders and analysts say the long-awaited $61 billion military aid package — including $13.
WASHINGTON — The Pentagon could get weapons moving to Ukraine within days once Congress passes a long-delayed aid bill. That's because it has a network of storage sites in the U.S. and Europe that already hold the ammunition and air defense components that Kyiv desperately needs. Moving fast is critical, CIA Director Bill Burns said this past week, warning that without additional aid from the U.S., Ukraine could lose the war to Russia by the end of this year.
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