Pump prices could rise after US, EU hit Russian oil companies with new sanctions and oil spikes
Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end Moscow's brutal war on Ukraine. U.S. benchmark crude jumped 5.6% to $61.7
(Associated Press, 2025-10-23T20:42:55Z)