Reported about 13 hours ago
CEOs from leading oil companies have expressed concerns that US sanctions against Russia's top oil producers, Rosneft and Lukoil, will negatively impact global oil supplies. The sanctions aim to reduce energy revenues that support Russia's war efforts in Ukraine, leading countries like India and China to seek alternative oil sources. Despite these measures, oil prices have remained largely stable, though industry leaders remain cautious about potential supply disruptions.
Source: YAHOO