Oil Prices Rally 3% as US Hits Russian Oil With Tougher Sanctions

Summary • Brent crude and WTI futures rise over 3% to 3-month high • US announces harshest package of sanctions against Russian oil • Sanctions will hit Russian oil exports – UBS, traders • Extreme cold in US, Europe also boosting oil prices – StoneX New York, Jan 10 (Reuters) – Oil prices rallied nearly … Read more