Oil Prices Rise Amid Rising Tensions with Russia

Reported about 5 hours ago

Oil prices saw significant gains as tensions between the U.S. and Russia escalated, with President Trump advocating for NATO nations to respond to Russian aircraft incursions and urging European countries to reduce energy purchases from Moscow. Brent crude approached $68 a barrel, influenced by potential supply risks due to suggested Russian restrictions on diesel exports following attacks on its energy infrastructure. Traders remain cautious, monitoring both geopolitical developments and changes in global supply dynamics.

Source: YAHOO

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