US Sanctions Strand 48M Barrels of Russian Oil
Update: 2025-11-21
Description
US sanctions on Russias top oil producers, Rosneft and Lukoil, disrupt global oil market. Nearly 48 million barrels of Russian crude stranded at sea, with Indian refiners scrambling for alternatives. Freight rates surge as tankers seek new destinations. Long-term impact of sanctions still unfolding.
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