Oil prices are rising after a rise with Trump's threat to impose sanctions on India

Oil prices have stabilized after being closed at the highest levels for almost six weeks, following the threat of US President Donald Trump to impose sanctions against India due to Russian rough purchase, and the threat of restrictions on Iran’s supplies. The ‘West Texas’ raw has circulated over the $ 70 per barrel level after it has jumped by more than 7% since the beginning of the week, while Brent -Ru settled near $ 73 a barrel on Wednesday. The US president said his structure imposed customs duties on Indian exports, in addition to “sanctions” due to Russian energy purchases, before later adding that the talks were still underway between the two parties. Meanwhile, the United States has imposed the most comprehensive package of sanctions for Iran for seven years. Fear of supplies, these measures have elicited Tehran and India, the fear of extra tightening in supplies, and the possibility of affecting products such as diesel, at a time when oil is on their way to the registration of its biggest monthly profits since September 2023. The “OPEC+” coalition is scheduled to hold a meeting during the weekend to review the supply policy for the month of September, as most observers expect to approve another increase in production.