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Geopolitics9 September 2026

Trump oil sanctions on Russia roil markets before traders fade the move

via OilPrice.com

U.S. sanctions on Rosneft and Lukoil initially spiked oil prices, but traders quickly questioned enforcement longevity and actual supply impact. Markets shifted from oversupply fears to supply-squeeze anxiety, then leveled off as skepticism grew. Expect continued whipsaw in crude.

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OilPrice.com
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