Oil prices spike as US slaps sanctions on Russian crude exports

Oct 13th 2023 11:44am EDT

Two shipping companies have been targeted for alleged violations of the G7 price cap Global oil prices jumped on Friday after the US began to enforce the G7 price cap restrictions on Russian crude exports, exacerbating concerns over global supply, market data showed. International benchmark Brent crude futures for December delivery surged over 4%, to […]

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