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Oil Prices Rise After Ukrainian Strikes on Russia

Oil Prices Rise After Ukrainian Strikes on Russia

Yahoo2 days ago

Instead of falling, Brent crude prices are up about 3% to start the week, at a shade under $65 a barrel. Prices are getting a boost from Ukraine's drone strikes on military airports inside Russia, analysts say, and a push by U.S. lawmakers to further cut off Russian oil from global markets. Meanwhile, Senators Lindsey Graham and Richard Blumenthal said over the weekend they aim to have tighter limitations in place on Russian oil by the G-7 summit in mid-June.

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