Barclays sounds the alarm 🚨
US sanctions on Rosneft and Lukoil could disrupt global oil markets! These two giants account for over half of Russia's crude production, and any export disruption could tighten supply and push Brent crude above $85/bbl 🔥. With OPEC output growth slowing and Middle East tensions simmering, the timing couldn't be worse . India and China may face challenges finding alternative supplies, potentially removing 2 million bpd from the market . Get ready for possible price volatility and inflationary pressure on energy-importing nations