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U.S. Sanctions on Rosneft and Lukoil Lift WTI Futures by 1.3%

Tags:OilSanctionsWTIRussia
Oil pumpjacks at sunset

WTI crude futures rose 1.3% after new U.S. sanctions targeted Russia’s Rosneft and Lukoil. Market participants flagged elevated geopolitical risks and potential supply disruptions into 2026.

Impact. Refiners and traders should stress-test logistics and hedging programs; exporters outside sanction scope may capture temporary spreads.

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