Oil rises as sanctions perceived to disrupt Russian supplies; China and India would have rejected tankers
Oil rises as sanctions perceived to disrupt Russian supplies; China and India would have rejected tankers


January 13, 2025 7:29 pm ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNGFCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: carl surran, SA News Editor

SlavkoSereda/iStock via Getty Images

Crude oil futures jumped to five-month highs on Monday, continuing a rally that began Friday following news of expanded U.S. sanctions against Russian oil targeting several producers and hundreds of tankers, which according to analysts, threatens to disrupt global supplies.

the sanctions

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