Reported 2 days ago
Oil prices have risen as traders evaluate potential U.S. sanctions on Russia and uncertainties in negotiations with Iran. West Texas Intermediate surged over 1% towards $63 a barrel as geopolitical tensions heighten, particularly with President Trump's remarks about escalating conflicts involving Russia. Meanwhile, OPEC+ is set to review production quotas amid concerns of oversupply, while ongoing trade tensions continue to impact the market.
Source: YAHOO