Oil prices climbed sharply on Thursday, marking their biggest daily gains in four months, after Washington imposed sweeping sanctions on Russian oil majors Rosneft and Lukoil, tightening pressure on Moscow over its war in Ukraine and jolting the global energy market. Brent crude rose $3.40, or 5.4%, to settle at $65.99 a barrel, while U.S.
Don't miss out on breaking stories and in-depth articles.
