NEW YORK, April 5 — European shares rose today led by consumer and technology companies, while a rally in oil prices on the prospect of more sanctions against crude exporter Russia lifted energy stocks.
“But everybody is just thinking about what next in terms of sanctions on Russia, will there actually be meaningful discussions about a ban on European imports of Russian oil and coal.” The STOXX 600 index has recovered about 14 per cent from lows hit after Russia’s “special military operation” into Ukraine began, but it is still down around 5 per cent for the year.
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