{"content":"Barclays has warned that the United States’ new round of sanctions targeting Russia’s largest energy companies, Rosneft and Lukoil, could have far-reaching effects on global oil markets. Together, these two firms account for more than half of Russia’s total crude production, meaning any disruption to their exports could significantly tighten global supply and drive Brent crude prices above 85 dollars per barrel in the near term. The sanctions, which aim to further limit Moscow’s access to global energy revenues, come at a time when oil markets were already fragile due to slowing OPEC output growth and geopolitical tensions in the Middle East. Barclays analysts noted that while Russia has managed to redirect large volumes of its crude to India and China since Western embargoes began, the new U.S. measures may severely complicate those trade flows. A complete suspension of Russian oil exports to India, one of its largest buyers, could remove nearly 2 million barrels per day from the global market. That, the bank warned, would send shockwaves through the energy sector and potentially erase the balance achieved after months of production adjustments by OPEC and its partners. Barclays added that the impact could be amplified by thin global inventories and reduced refining flexibility. If alternative supplies fail to fill the gap, traders could see renewed price volatility and inflationary pressure on energy-importing nations, reigniting global concerns about fuel costs. #Oil #Energy #Markets ","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}