politics

The new U.S. sanctions against Moscow have increased oil prices.

With its new sanctions package, the U.S. has primarily targeted the "shadow fleet" that Russia uses to circumvent Western oil sanctions. This move has significantly impacted the oil market.

Brent crude oil prices have risen by more than 2%, reaching $81.50 per barrel (equivalent to 159 liters), a level not seen since late August. Analysts at Goldman Sachs stated in a report, "Friday's announcement has made us more confident in our prediction that Brent prices will rise in the short term within the range of $70 to $85."

This should be seen as part of the puzzle of weakening China's economy by the U.S.