Why Russian oil stocks are rising today? Rosneft, Lukoil, Gazprom Neft surge as Brent crude jumps — Is higher crude price and supply fears now inevitable?

Brent crude jumped over 4% and moved above $95 per barrel today. That sharp spike is driving Russian oil stocks higher. Rosneft, Lukoil, and Gazprom Neft are gaining as oil prices surge on Middle East supply fears. Nearly 20% of global oil flows through the Strait of Hormuz. Any disruption there tightens global energy markets instantly. Russia exports about 4–5 million barrels per day. Higher crude prices directly lift export revenues. Even with sanctions and discounts, stronger Brent boosts earnings.