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Oil ETFs Gain on Russian Sanctions: Can the Rally Last?
ZACKS·2025-10-23 20:16

Oil prices have gained on Oct. 22, 2025. The WTI crude oil ETF United States Oil Fund LP (USO) jumped 3.5% on the day, while the fund advanced 1.8% after hours. Meanwhile, brent crude ETF United States Brent Oil Fund LP (BNO) added 3.1% on Oct. 22, 2025 and lost 0.3% after hours.The Trump administration imposed further sanctions on Russia’s two largest crude companies, due to Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine.”The latest action targets Russia’s two largest oil ...