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Trump’s new sanctions reshape the oil market: India’s exit may lead to a phased withdrawal of 1.5 million barrels per day from the market, with refineries turning to the Middle East and Latin America for bidding.

Trump’s new sanctions reshape the oil market: India’s exit may lead to a phased withdrawal of 1.5 million barrels per day from the market, with refineries turning to the Middle East and Latin America for bidding.

``` The new U.S. sanctions against Russia's two major oil giants are threatening to squeeze a large amount of crude oil out of the global market. This move could not only reshape global energy trade flows, but also inject new upward momentum into oil prices. According to CCTV
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