Oil prices rally 3% as US hits Russian oil with tougher sanctions

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    New York, Jan 10 (Reuters) - Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest U.S. sanctions package targeting Russian oil and gas revenue. President Joe Biden's administration imposed fresh sanctions targeting Russian oil producers, tankers, intermediaries, traders and ports, aiming to hit every stage of Moscow's oil production and distribution chains.

    https://www.reuters.com/business/energy/oil-set-third-straight-weekly-gain-winter-fuel-demand-2025-01-10/
 
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