Oil Could See Its Biggest Supply Shock Since 1973

Russia’s invasion of Ukraine and the sanctions that have been levied against it have sent shockwaves through global energy markets.  Inventories in major oil-consuming developed economies, including in the United States, have been falling steadily. The energy crisis today is “comparable in intensity, in brutality, to the oil shock of 1973,” France’s Economy and Finance […]

Zelenskyy pleads with France, Germany to help free captured mayor: ‘I’ll talk to whoever I need to talk to’

Germany and France hold calls with Russian President Vladimir Putin as the war in Ukraine persists Ukrainian President Volodymyr Zelenskyy pleaded with Western nations Saturday to help him free a captured mayor from the southern town of Melitopol after he was taken by Russian forces. “We address all the world leaders that talk to Moscow: France, Germany, Israel […]

Iran nuclear talks on ‘pause’ in Vienna after Russian demand

DUBAI, United Arab Emirates (— Negotiations aimed at restoring Iran’s tattered nuclear deal with world powers went on what its European hosts described as “a pause” on Friday, after Russia demanded relief from sanctions targeting Moscow over its war on Ukraine. Diplomats offered no timetable for when the monthslong talks in Vienna would resume. Negotiators […]

Los Angeles Lakers’ woes continue in OT loss to Western Conference-worst Houston Rockets

HOUSTON — A triple-double from LeBron James and a high-scoring effort from Russell Westbrook weren’t enough to halt the Los Angeles Lakers’ self-destruction tour, with Wednesday’s 139-130 overtime loss to the Rockets being the latest lowlight in a season full of them. “We kind of messed around with the game and they had confidence throughout the night,” said Westbrook, who […]