#Firstpost Will Oil Prices Go Up | Vantage with Palki Sharma

Will Oil Prices Go Up | Vantage with Palki Sharma
Donald Trump has imposed fresh sanctions on Russia’s biggest oil suppliers — Rosneft and Lukoil — impacting 5% of the global oil supply. The result? Oil prices surged nearly 5%, and Brent crude hit a two-week high. These sanctions could potentially impact China and India, the largest buyers of Russian oil. Trump claims New Delhi will slash imports “to almost nothing,” but India hasn’t confirmed that yet. As oil markets react and countries scramble for alternatives, the world faces a new energy shock. This report breaks down the sanctions, their ripple effects, and the looming challenge for global oil consumers.

Donald Trump | Russia Ukraine War | Russia Sanctions | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#donaldtrump #russiaukrainewar #russiasanctions #firstpost #vantageonfirstpost #palkisharma #worldnews

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