Oil Prices Stabilize as Trump’s Ukraine Peace Efforts Calm Supply Fears

Reported about 14 hours ago

Oil prices held steady near $67 per barrel following a significant drop, as President Trump’s initiative to negotiate peace in Ukraine alleviates concerns regarding Russian oil supplies. Despite ongoing tensions, Trump has refrained from imposing new sanctions during his summit with Putin. The agreement being pursued could potentially resume normal oil flows from Russia, addressing fears associated with supply disruptions. Investors await further insights as key oil market analyses are scheduled for release this week.

Source: YAHOO

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