How Long Can US Oil Sanctions Keep Hurting Russia?

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US oil sanctions are significantly impacting Russia's oil exports, with Urals crude prices plummeting to $34 a barrel, a substantial discount to international benchmarks, indicating a severe economic strain on Russia's oil industry.

Market Impact

Market impact analysis based on bearish sentiment with 79% confidence.

Sentiment
Bearish
AI Confidence
79%

Article Context

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Urals crude tumbled to about $34 a barrel at the point of export last week, a deep discount to international benchmarks.

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Original article published by Bloomberg on December 23, 2025.
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