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Oil jumps after reported drone strike on Russian Black Sea hub; sanctions risk lifts supply premium despite glut fears

Crude prices surged in Asian trade Friday after reports that a Ukrainian drone strike damaged infrastructure at Novorossiysk, a key Russian Black Sea export hub, adding a fresh supply-risk premium just as markets brace for new U.S. sanctions on Moscow’s largest oil firms. At 03:03 GMT, Brent January futures rose …

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