NewsBite

Oil rises on speculation Trump plans to sanction Russian crude

New York | Oil gained as traders braced for fresh US efforts to crimp Russian energy exports.

West Texas Intermediate advanced almost 3 per cent to settle above $US68 a barrel after US President Donald Trump said he planned to make a “major statement” on Russia on Monday and reiterated criticism of President Vladimir Putin.

Loading...

Bloomberg

Read More

Latest In Commodities

Fetching latest articles

Most Viewed In Markets

    Original URL: https://www.afr.com/markets/commodities/oil-rises-on-speculation-trump-plans-to-sanction-russian-crude-20250712-p5meeh