Oil jumps 5% as US sanctions target Russia’s Rosneft and Lukoil (Soban News)

The sanctions could reduce global oil supplies since Russia was the world’s second-biggest crude producer in 2024 after the US, according to US energy data​The sanctions could reduce global oil supplies since Russia was the world’s second-biggest crude producer in 2024 after the US, according to US energy data ​Latest News [ SOBAN NEWS: International and National ]