Canada announces additional sanctions against Russia; adding 100 more vessels from Russia's shadow fleet to sanctions list

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Context

Canada's announcement of additional sanctions against Russia, affecting 100 more vessels from its shadow fleet, signals a continued escalation in diplomatic tensions. This could have ripple effects in global markets, particularly in commodities such as oil, as it reinforces supply concerns and could prompt further restrictions from other nations. Traders should monitor developments for potential impacts on risk sentiment and energy prices.

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