Oil prices jump almost 3% after new US sanctions on Russia
Oil prices jumped close to three percent in Asian trade on Thursday after U.S. President Donald Trump slapped sanctions on Russia's two largest oil companies.
West Texas Intermediate was up 2.89 percent at $60.19 while Brent crude jumped 2.86 percent to $64.38.
Trump announced the sanctions on Wednesday in Washington, complaining that his talks with Russia's Vladimir Putin to end the Ukraine war "don't go anywhere".
Source: Agence France Presse
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