EnergyMarket hours
Trump sanctions impact Russian oil exports significantly
market hours1 source ↓written by the desknot a recommendation
- 3.58 million barrels per day
Donald Trump’s recent sanctions on Russian crude oil have led to a decline of 190,000 barrels per day, the steepest drop since January 2024. Refiners are hesitant to engage with Russian oil due to US restrictions, causing increased volumes at sea. This situation may affect global oil supply dynamics and pricing. ⚡
• Seaborne crude exports from Russia are down to 3.58 million barrels per day.
• Discharge activities have decreased more than loading, indicating a supply chain disruption.
Traders should monitor these developments closely for potential market shifts.
Not investment advice. For informational purposes only.