Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil

Jan 13, 2025 - 12:30
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Oil futures settle at a 5-month high as U.S. tightens sanctions on Russian oil
U.S. and global benchmark crude-oil prices settled Monday at their highest since August as investors focused on the potential supply hit from further tightening of U.S. sanctions on Russia’s oil sector.

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