Following doubts over President Trump's proposed energy ceasefire between Russia and Ukraine, crude oil prices have risen significantly globally.
The U.S. President's announcement of an energy ceasefire between Ukraine and Russia has been met with skepticism from various quarters, causing a notable reversal in global crude oil prices today.
According to the report, Brent crude is currently trading at 1.2% higher, standing at 105 US dollars and 99 cents per barrel. Similarly, West Texas Intermediate crude is also seeing an increase of over 1.2%, with its current price being 92 US dollars and 98 cents per barrel.
It is important to note that these changes in crude oil prices can have significant implications for the global economy, trade, and energy markets.
Source:
Akashvani News
