Reported about 11 hours ago
Oil markets are expected to respond moderately after the recent meeting between U.S. President Trump and Russian President Putin in Alaska, where they aimed for a peace deal in Ukraine rather than a ceasefire. Trump announced he would not impose tariffs on countries purchasing Russian oil, which analysts expect will keep Russian oil supplies steady, potentially leading to a slight dip in prices. Upcoming discussions with Ukrainian President Zelenskiy may further influence market trends, but immediate sanctions appear postponed.
Source: YAHOO