Oil prices surged on Friday following the U.S. Treasury Department’s announcement of extensive sanctions against Russia’s oil industry. Brent rose by 2.5% to $78.84 per barrel, while U.S. crude increased by 2.56% to $75.81 per barrel, with Brent hitting a high of $80.75. The sanctions target Russian oil companies, tankers, and energy officials, including Gazprom Neft CEO Aleksandr Valeryevich Dyukov, in an effort to cut off funding for Russia’s actions in Ukraine.
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Hokitika building fire at former Seaview Hospital: Witness describes ‘huge’ blaze
Fire crews are actively fighting a significant blaze at the Seaview Terraces, located on the former Seaview Hospital and asylum site near Hokitika on New Zealand's South Island. The fire, reported shortly after 7 am, was described as enormous, visible across Hokitika and the surrounding areas, prompting multiple emergency calls for assistance. Want More Context? 🔎
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