Oil futures rocketed higher Tuesday as the market digested the impacts of Russia's invasion of Ukraine and resulting sanctions.Several companies have canceled loadings of Russian crude,some countries such as Canada have outright banned purchase of Russian oil,and a series of sanctions is disrupting fl ows of Russian energy to the global market.Some tankers are refusing to load Russian cargoes,and banks leery of running afoul of sanctions are not fi nancing transactions involving Russian commodities.
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