Oil prices remained stable amidst geopolitical tensions in the Middle East and Russia, coupled with concerns over trade tariffs impacting fuel demand. Escalating conflict in Gaza and Ukrainian drone strikes on Russian energy facilities added to market uncertainty. The EU’s planned ban on Russian LNG imports and NATO’s accusations against Russia further influenced the oil market.
​Oil prices remained stable amidst geopolitical tensions in the Middle East and Russia, coupled with concerns over trade tariffs impacting fuel demand. Escalating conflict in Gaza and Ukrainian drone strikes on Russian energy facilities added to market uncertainty. The EU’s planned ban on Russian LNG imports and NATO’s accusations against Russia further influenced the oil market. by Soban News (international And National News)
