Markets in Turkey are flashing warning signs that inflationary pressures are building in the developing world as oil prices spike.
Norway’s energy company Equinor said on Monday it has decided to stop new investments into Russia, and will begin exiting Equinor’s Russian Joint Ventures.
BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.
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