Oil prices are still rising with market evaluation of Trump threats and the Doha attack
Oil prices rose for the third consecutive session, with investors continuing the effects of US President Donald Trump’s threats to set up customs duties on Russian rough importers, in addition to the consequences of the Israeli attack in Doha, which targeted Hamas leaders. Brent oil was circulated near the $ 67 per barrel level after it closed 0.6% on Tuesday, while the Western Texas -Tussentage rough has risen more than $ 63. Trump told the European Union officials that he is ready to set up new fees on India and China to print Russia to negotiate it to negotiate Ukraine – but on the condition that the European Union has similar measures. Various positions .. and geopolitical risks renew This US proposal is a challenge for energy policies in Europe, where countries such as Hungary continue to oppose strict sanctions against Russian energy. While the United States fees have set up on India due to its oil -cover with Moscow, it has so far avoided targeting China. Meanwhile, the Israeli attack in Doha – the first of its kind since the start of the conflict that runs almost two years – has new concerns about an escalation in the Middle East, which produces almost a third of the global crude offer. This attack can be hampered by Washington Peace Conversations between Israel and Hamas, which tries to calm geopolitical tension, which usually contributes to the risk allowance in oil prices. Israel completely accepted the responsibility for the attack, while Trump himself distanced the event. A limited increase despite the fear … and a gradual yield of supplies despite the tension, oil prices did not see significant leap, as the immediate difference between the two nearest decades of Brent -Ru (Prompt distribution) dropped to a decrease to 31 cents a barrel, compared to more than two dollars two months ago. This decline indicates that the market is preparing for more supplies. And US government reports expected a surplus in the oil supply during the current quarter this week – that is, at an earlier time of previous estimates. OPEC+agreed on Sunday to herping additional amounts of oil from next month, but at a gradual and limited rate.