Russian oil buyers wary as Trump-Putin deal falters; sanctions risk deters traders

Traders are increasingly reluctant to purchase Russian oil due to concerns over future sanctions, banking complications, and difficulties in onward sales, signaling that the Trump-Putin agreement may be unraveling. The uncertainty stems from mixed signals on enforcement and the practical challenges of financing and reselling Russian barrels. This could tighten global supply if Russian exports decline, while also testing the resilience of the deal's framework.

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