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Middle East Benchmarks hit 15-mth high amid tougher US sanctions on Russia

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Middle East crude benchmarks Oman, Dubai and Murban rose sharply on Monday to their highest since October 2023 as tougher U.S. sanctions on Russia pushed Asian buyers’ demand for the market. The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft SIBN and Surgutneftegas, as well as 183 vessels that have shipped ...

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