The United States does not impose sanctions on Russian oil and gas

Oil prices traded at an all-time high today, a day after the first wave of US-EU sanctions against Russia, which are unlikely to disrupt oil supplies, according to Reuters. The last 7 years came down.

Brent crude was down 15 cents at $ 96.69 a barrel. Brent oil hit $ 99.50 yesterday, the highest level since September 2014.

US crude traded down 23 cents at $ 91.68 a barrel. This type of oil reached $ 96 on Tuesday.

Prices soared yesterday after Russia deployed troops to two regions in eastern Ukraine over concerns about sanctions against Russia.

The United States, the European Union, Bahrain, Australia, Canada, and Japan have imposed sanctions on Russian banks and individuals; Meanwhile, Germany suspended the Stream 2 rolling pipeline license.

But the United States has made it clear that these sanctions and possible subsequent sanctions will not target oil and gas flows.

However, analysts expect oil prices to continue to rise due to tensions in Ukraine.

On the other hand, according to Reuters, the possibility of Iranian oil returning to the market has affected prices.

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