🔥 Oil Prices Tick Up Amid Geopolitical Tensions! 🔥
📈 Brent: $67.76 (+0.04%)
📈 WTI: $63.73 (+0.11%)
📰 What’s Happening?
🇺🇦 Ukraine ramped up drone attacks on Russian energy sites, sparking:
✅ Fire at Ust-Luga fuel export terminal
✅ Ongoing blaze at Novoshakhtinsk refinery (100K barrels/day capacity!)
This raises supply disruption fears ➡ bullish for crude!
🗣 Expert View
💬 “Ukraine’s success in hitting Russian oil infrastructure is pushing crude risks upward,” says IG analyst Tony Sycamore.
⚖️ Political Angle
🤝 U.S. VP JD Vance: Russia making big concessions in peace talks.
⚠️ President Trump warns of sanctions if no progress in 2 weeks.
💵 Macro Boost
📉 Fed Chair Powell hints at a rate cut next month, lifting market sentiment and commodity demand!
🌍 Bottom Line:
Energy markets are on alert — geopolitics + Fed policy = 🔥 volatility ahead!
#Oil #Brent #WTI #Ukraine #Russia #Markets #BreakingNews