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The escalating war has choked off oil and gas supplies to key customers in Asia and Europe and sent energy prices soaring.

DP World named Yuvraj Narayan as the new CEO and Essa Kazim as chairman, it said in a statement on Feb. 13. DP World has activities in 83 countries, including logistics sites in the U.S.

TotalEnergies CEO Patrick Pouyanne said it would take years to increase Venezuela’s oil output to above 3 million barrels a day from less than 1 million currently.

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of Saudi Aramco.

Emirates Global Aluminium is planning additional acquisitions of U.S. assets after an initial deal last year as tariffs on metal imports into the country raise prices in that market.

Sen. Marco Rubio (R-Fla.) wants the U.S. to sanction China’s purchases of oil and other energy supplies from Russia in an effort to cut off funding for that country’s war against Ukraine.