Russian crude oil exports at sea fell to their lowest point in almost two years in the past week, Bloomberg reported on Tuesday, a significant decline in the aftermath of the administration of President Donald Trump imposing sanctions on Russian oil giants Rosneft and Lukoil.

According to the business news outlet, the week ending on November 2 saw eight fewer oil tankers documented as filled with oil than the week before — 26 carrying 21.11 million barrels, compared to 34 the week prior, documented at 26.41 million barrels.

The U.S. Treasury Department announced sanctions on Lukoil and Rosneft on October 22 in response to the Russian government’s refusal to negotiate an end to its nearly four-year-old full-scale invasion of Ukraine. The Russian government insists that the democr

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