Oil rebounds as escalating Ukraine conflict hits supplies

SINGAPORE: Oil prices rebounded on Friday as fears of Western sanctions disrupted Russian oil exports, outweighing the possibility of more Iranian supplies, while reports of a nuclear plant fire in Ukraine spooked markets.

Global stocks fell and oil prices rose on signs of an escalation in the Russia-Ukraine conflict after reports that a Ukrainian nuclear power plant, Europe's largest, was on fire after an attack by Russian troops.

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Oil and gas , Brent , WTI


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