Tag: Ukraine

The One Bearish Catalyst For Oil Right Now
The One Bearish Catalyst For Oil Right Now

In the two weeks since Russia’s invasion of Ukraine, oil prices have rallied by more than $30 to top $130 per barrel as concerns about disruptions to Russian oil supply mount. Oil is now holding near its highest level since 2008, and analysts are not ruling out a continued run to all-time highs of $150 […]

McDonald’s is temporarily closing Russian restaurants
McDonald’s is temporarily closing Russian restaurants

new York CNN Business — McDonald’s and Starbucks are shutting down their restaurants and cafes in Russia, and Coca-Cola is suspending its operations there in response to Russia’s invasion of Ukraine. PepsiCo is also pulling some products from the country. “McDonald’s has decided to temporarily close all our restaurants in Russia and pause all operations […]

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