Natural gas prices rocket to records on supply fears
US Secretary of State Antony Blinken said the White House and allies were in talks about banning oil imports from Russia.
US Secretary of State Antony Blinken said the White House and allies were in talks about banning oil imports from Russia.
Brent jumped as much as 18 per cent to US$139.13, building on last week's 21 per cent surge.
Ukrainian President Volodymyr Zelensky has pleaded for the West to declare the skies above Ukraine off-limits to Russian warplanes.
Ukrainian authorities said Russian forces had seized control of Zaporizhzhia on Friday after setting an adjacent training facility on fire.
UN officials said they expected the wave to intensify further as the Russian army pressed its offensive, particularly toward the capital.
Visa and Mastercard have also announced to suspend all operations in the country in the wake of Ukraine invasion.
Despite its export embargo on Russia, Samsung Electronics will still operate its local factories there.
The accounts of soldiers from both sides give a small glimpse of how the war is being fought around Kyiv in the north.
A virtual meeting of the grouping was held at a time of increased concern about Taiwan, which has stepped up its alert level.
A Ukrainian negotiator said the talks had not yielded the results Kyiv hoped for.