Markets8 September 2026
Oil prices jump 2% to four-month high as US sanctions disrupt Russian supply flows
via Reuters
Crude surged to a four-month peak on fears new US sanctions will crimp Russian oil exports. Chinese and Indian refiners scramble for alternative supplies. Traders betting on energy should watch for sustained supply disruption or potential sanction rollbacks under shifting US policy. WTI and Brent both rallied sharply.
Original source
Reuters
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