1) Germany will continue buying Russian energy
Germany will continue to buy major commodities such as natural gas, oil and coal from Russia despite Vladimir Putin’s invasion of Ukraine that led to a wide sanction from European countries, Germany itself and the United States of America.
2) White House in talks to buy Venezuela oil
The White House announced that U.S. delegations during the weekend were in talks with the Venezuela government of President Nicolas Maduro to discuss a deal for energy supplies as Washington is looking for an alternative route other than Russia to import oil.
The U.S. had put multiple sanctions on Venezuela in the past with one 2019 measure preventing Venezuela from trading its crude oil.
3) US stocks fall as investors pull out from risk assets
Wall Street closed lower on Monday, following the S&P 500′s worst day since October as investors were pulling out from risk assets in a cautious move amid ongoing unrest in Ukraine.
Dow Jones fell 797.42 points or 2.37% to 32,817.38 points. Meanwhile, S&P 500 dropped 2.95% and Nasdaq plunged 3.62%.
4) Russia makes a list of unfriendly countries
The Russian government approved a list of countries and territories that are ‘unfriendly’ with Moscow and has imposed sanctions against the country after the start of a special military operation in Ukraine. The list includes the United States and Canada, the EU states, the UK (including Jersey, Anguilla, the British Virgin Islands, Gibraltar), Ukraine, Montenegro, Switzerland, Albania, Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, North Macedonia, and also Japan, South Korea, Australia, Micronesia, New Zealand, Singapore, and Taiwan (China).
