Oil Prices surge 5% following fresh US sanctions against major Russian energy companies Rosneft and Lukoil
[Zambian Observer - Zambia] - 24/10/2025
Oil prices rose by 5% on Thursday, October 23 after the U.S. imposed sanctions on major Russian energy companies Rosneft and Lukoil over the war in Ukraine, extending gains from the previous session. Brent crude futures were up $3.39, or 5.4%, at $65.98 a barrel, while U.S. West Texas (…)
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