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Good morning, dear subscribers! Here are the key news updates for the morning of March 12: Oil Surges Past $100 — Middle East Tensions and Energy Wars Shake Global Markets Brent crude oil has surged past $100 per barrel, according to Reuters, ...
...as geopolitical tensions continue to shake global energy markets. Russia’s UN envoy Vassily Nebenzia slammed the UN Security Council vote on the #Russian resolution regarding the Middle East conflict, calling the outcome “a disgrace and a theater of the absurd.” The United States is releasing more than 100 million barrels from its strategic petroleum reserves. #Germany and Japan previously announced similar measures to stabilize energy markets. Hungarian Foreign Minister Péter Szijjártó...