Energy

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Oil prices fell about 2% on Monday, hit by investor concerns over the possibility of quicker than expected interest-rate hikes by the U.S. Federal Reserve that took down risk markets such as equities while the dollar rallied.

Talking Points

ICYMI

TotalEnergies says it backs the imposition of sanctions on its payments to Myanmar’s junta … A Russian invasion of Ukraine could pit Berlin’s main gas supplier against its most important security allies … And Venezuelan state oil company PDVSA’s debt rose to $34.9 billion in 2021