LIVE: Oil Prices Up 3% on Shifting Geopolitical Landscape

Oil prices have experienced a slight increase, with Brent crude at $68 per barrel, largely driven by new U.S. sanctions targeting Iranian oil exports. While a surging U.S. equity market supports the recovery, lingering concerns about trade tensions and a reduced global economic outlook could hinder future oil demand. Russia has reduced its 2025 Brent forecast, and analysts caution that trade disputes may continue to negatively impact oil prices despite the recent rebound. 1m ago 11:54am CST Oil Prices Climb on New Sanctions Targeting Iranian Oil…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com