World oil price 24 days; Brent was 80 dollars and 90 cents

According to Mehr news agency, quoted by Reuters, the price of oil per barrel Brent Today, the North Sea increased by 1 dollar and 14 cents, equivalent to 1.43%, to 80 dollars and 90 cents. oil West Texas intermediate America is traded at 1 dollar and 24 cents equivalent to 1.62% increase to 77 dollars and 81 cents.

oil Brent and U.S. crude have both risen more than 6 percent since Jan. 8 and rose after the U.S. Treasury imposed new sanctions on Russian oil on Friday. These new sanctions include producers such as Gazpromneft and Surgutneftgaz And there are also 183 oil tankers that carry Russian oil. The goal is to reduce Moscow's income for the war with Ukraine.

Traders and analysts believe that the new sanctions will severely damage Russia's oil exports and cause China and India, as the world's largest and third largest oil importers, to import more cargo from the Middle East, Africa and the Americas. In this way, oil prices and shipping costs will increase.

The sanctions include tankers carrying 1.5 million barrels per day of Russian offshore crude by 2024. Thus, 750,000 barrels per day of Russian oil exports to China and 350,000 barrels per day of this country's oil exports to India will be affected.

Many of the tankers whose names were mentioned in the latest sanctions were carrying Russian oil to India and China. The previous sanctions and the price ceiling set by the Group of 7 in 2022 for Russian oil caused the country's oil exports to change from Europe to Asia. Some of these tankers also carry Iranian oil, which is subject to US sanctions.