Oil Prices Surge to Three-Month High Amid U.S. Sanctions Targeting Russian Exports, Reports Reuters
Oil prices have surged to their highest levels in over three months, driven by expectations that new U.S. sanctions will significantly disrupt Russian crude supplies. At the latest trading session, Brent crude prices rose by 1.69% to reach $81.11 a barrel, while U.S. West Texas Intermediate crude increased by 1.83% to $77.97 a barrel. The ...