Britain on Friday called for a raft of measures against Russia to strengthen Ukraine's hand ahead of any future peace talks, as Ukrainian President Volodymyr Zelenskiy heads to London for discussions with key allies.

LONDON -Oil prices declined to multi-month lows on Friday as the market’s risk premium faded after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza. Brent crude futures were down $1.

LONDON (AP) — The attacks on commercial vessels in the Red Sea by Yemen’s Houthi rebels have scared off some of the world’s top shipping companies and oil giants, effectively rerouting global trade away from a crucial artery for consumer goods and energy supplies that is expected to trigger delays and rising prices.

Oil prices edged lower on Friday, heading for a weekly loss of around 3 per cent after the IEA forecast a growing glut and U.S. President Donald Trump and Russian President Vladimir Putin agreed to meet again to discuss Ukraine.