World Business Watch: Oil rises on uncertainty over US pipeline restart, Russian supplies
Edited By WION Video Desk
Published: Dec 12, 2022, 05:56 IST | Updated: Dec 12, 2022, 05:56 IST
Oil prices rose more than 1% on Monday as a key pipeline supplying the United States stayed shut while Russian President Vladimir Putin threatened to cut production in retaliation for a Western price cap on its exports.
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