Oil Prices Underestimate Russia Sanctions Impact, Total CEO Says

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Total CEO believes oil markets are underestimating the impact of Russia sanctions, which are starting to affect oil flows.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
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80%

Article Context

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Oil markets are underestimating the impact of the latest round of sanctions on Russia, which are starting to affect flows, the boss of Europe’s largest refiner said.

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Original article published by Bloomberg on October 30, 2025.
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