Oil prices have risen in global markets
The increase in oil prices in global markets follows Russia’s decision and Saudi Arabia’s action
Today, the price of oil has increased in global markets
This price increase occurred after Saudi Arabia and Russia reduced oil production
Russia announced today that it plans to cut its oil exports by 500,000 barrels, and Saudi Arabia has voluntarily reduced oil production and implemented it
Russia’s attack on Ukraine has continued to disrupt the oil market
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