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Exxon declares force majeure on Russian Sakhalin-1 operations

Exxon Mobil Corp (XOM.N) said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanctions on Russia that have made it increasingly difficult to ship crude to customers.

Analysis: Yen’s past points to more pain ahead

The yen has tumbled 10% to a two-decade low to the dollar in a matter of weeks. But history suggests that still isn’t cheap, and investors are betting that it’s going to fall even further.

Exxon declares force majeure on Russian Sakhalin-1 operations

Exxon Mobil Corp (XOM.N) said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanctions on Russia that have made it increasingly difficult to ship crude to customers.

Analysis: Yen’s past points to more pain ahead

The yen has tumbled 10% to a two-decade low to the dollar in a matter of weeks. But history suggests that still isn’t cheap, and investors are betting that it’s going to fall even further.

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