⚡ Oil Surges After US Sanctions on Russia
Brent crude jumped over 5%, crossing $65/barrel, after the U.S. blacklisted state-run giants Rosneft PJSC and Lukoil PJSC.
🌍 Impact:
Concerns over supply disruptions.
Traders prepare for a reshuffle in global energy flows.
The EU follows with new sanctions targeting Russia’s energy infrastructure.
India, a major Russian oil buyer, warns of possible shipment disruptions.
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