Reported about 7 hours ago
Oil prices fell further after President Trump announced talks with President Putin aimed at ending the Ukraine war, raising hopes for reduced risks to Russian supply. Brent crude dropped below $75 per barrel, marking a significant decline, while WTI settled near $71. Market analysts express skepticism about the quick realization of these negotiations amid ongoing US sanctions impacting Russian oil. Additionally, Trump's recent trade policies have contributed to market volatility and commodity price uncertainty.
Source: YAHOO