24 Oct 2025 | 3 Mins Read
India's Oil Stocks Tumble Amid US Sanctions on Russia
Flipitmoney
Crude oil prices surged over 5% as the US imposed sweeping sanctions on Russia's top oil producers, Rosneft and Lukoil, amid fears of a supply crunch. Brent crude futures rose 7 percent weekly, while US WTI slipped 0.8%. Oil and gas shares, like Oil India, ONGC, and BPCL, are expected to be in focus.