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U.S. sanctions on Russian oil firms pushed prices up over 4%, hitting a multi-week high.
Oil prices surged over 4% on Thursday, reaching their highest level in weeks, following new U.S. sanctions targeting major Russian oil companies.
The move, part of ongoing Western efforts to pressure Russia over its war in Ukraine, disrupted global energy markets.
Investors also reacted positively to renewed hopes of a trade deal between the U.S. and China, boosting stock markets and supporting commodity prices.
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Las sanciones estadounidenses a las empresas petroleras rusas empujaron los precios a más del 4%, alcanzando un máximo de varias semanas.