OIL FUTURES: Crude extends gains as US, EU mull Russian oil ban
Crude oil futures extended gains in mid-afternoon Asian trade March 7 as US and its European allies consider a potential ban on Russian oil imports, while delays in lifting sanctions on Iranian oil sales raised tight supply fears. At 2:55 pm Singapore time (0655 GMT), the May ICE Brent futures contract was up $11.45/b (9.69%) from the previous close at…