Investors weigh Russian supply risks as oil prices continue to pump in the U.S. market.

Jin10 data September 16 reports that oil prices continue to rise in the US session, as investors weigh the risks to Russian supply. Ukraine has intensified its attacks on Russian energy infrastructure, hitting key refineries and export facilities including the Primorsk terminal. According to Reuters, Russian oil pipeline monopoly Transneft warned producers that they may have to cut production following the attacks. The prospect of further Western sanctions on Russia and potential new restrictions on buyers of Russian crude oil have also pushed oil prices higher. Meanwhile, investors are waiting for the Fed's policy decision on Wednesday, as lower borrowing costs typically boost economic activity and fuel consumption.