Morning news brief: After EU bans Russian oil imports, prices jump, and more

In order to reprimand Russia over the Ukraine war, European Union (EU) leaders have finally decided to cut 90 per centof oil imports from Moscow.Within a week of the Texas school shooting that shook America, Canadian Prime Minister Justin Trudeau has announceda proposed freeze on handgun ownership.

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The ban will be implemented by the end of the year. But the move seems to have triggered a spike in the prices of the commodity. The price of oil witnessed a hike in early Asian trade on Tuesday, media reports said.

Trudeau's bill will have to be passed by the parliament. Ruling Liberals are currently holding minority of seats.

Bringing torrential rains and the threat of flooding as the first named storm in the eastern Pacific this year, Hurricane Agatha plowed into beach resorts on Mexico's southern Pacific coast.

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