🚨 Oil Prices Surge After U.S. Sanctions on Russia
Brent crude rose over 5%, surpassing $65 per barrel, following U.S. sanctions on Rosneft PJSC and Lukoil PJSC, sparking fears of supply disruptions and shifts in global energy flows. The EU has also imposed new sanctions on Russia’s energy infrastructure. Indian refiners, key buyers of Russian oil, caution that shipments may face delays.
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