Oil surges after US sanctions Russian firms Rosneft, Lukoil

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Oil prices surged around 5% to a two-week high on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and Lukoil over Moscow’s war in Ukraine, prompting energy firms in China and India to consider cutting Russian imports. Read full story

Date: 24 October, 2025 8:01 am
Source: thestar.com.my

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