Ukraine Crisis: Oil Prices Spike
  • Prabha Hedge
  • Mar 04 2014

March 4: U.S.A. has suspended all military and trade engagements with Russia including military exercises and port visits, even as the latter turns a deaf ear to calls for withdrawal of its troops from Ukraine. Russia is Europe's biggest gas supplier satisfying about 40% of the EU's demand for gas. Bloomberg TV India speaks to Argus Media’s Azlin Ahmad to find out what impact could this have on global oil.