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Alberta Premier Jason Kenney speaks at an event in Ottawa, Ontario, Canada December 9, 2019.

Canada's Alberta To Drop Provincial Fuel Tax As Oil Prices Surge

Canada's main oil-producing province Alberta will drop its provincial fuel tax to give consumers some relief from soaring energy prices, Premier Jason Kenney said on Monday, as he also urged the United States to revive the cancelled Keystone XL (KXL) oil pipeline.
Full moon rises over the Gazprom Neft's oil refinery in Omsk, Russia February 10, 2020.

EU To Phase Out Russian Gas, Oil, Coal Imports - Leaders' Draft

European Union leaders will agree at a summit this week to phase out the EU's dependency on imports of Russian gas, oil and coal, a draft statement showed, marking a turning point in its policy towards Moscow prompted by Russia's invasion of Ukraine.
Employees process ingots of 99.99 percent pure gold at the Krastsvetmet non-ferrous metals plant, one of the world's largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia November 22, 2018.

London Bullion Market Bars Russian Gold Refineries

The London Bullion Market Association (LBMA) said on Monday it had suspended its accreditation of six Russian precious metals refiners, meaning they will no longer be able to sell gold and silver in the London market, the world's largest.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall St Skids On Inflation Jitters As Oil Prices Surge

Wall Street's main indexes fell sharply on Monday, weighed down by declines in megacap growth names and financial shares, as the prospect of a ban on oil imports from Russia sent crude prices soaring and fueled concerns about rising inflation.

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