Oil prices rise after a decrease in the middle of Trump's escalation of his accent to India

Oil prices stabilized after a three -day decline, with investors’ evaluation of the dangers surrounding Russian supplies, at a time when US President Donald Trump threatened to impose sanctions against India due to the purchase of oil from Moscow. Brent -Ruolie traded below $ 69 a barrel after losing more than 6% during the previous three sessions, while the rough of Western Texas was established near $ 66. Trump said he would increase “a big increase” in customs tariffs on Indian exports to the United States due to the purchase of Russian oil in the New Delhi, as part of an attempt to score Moscow to reach a tries in the Ukraine. New -Delhi described the step as unjustified. Also read: Modi challenges Trump with the increase in pressure on India’s import of Russian oil. The fall in prices reflects the fear of the weakness of America’s economy. This weakness is attributed to indications of the slowdown of the largest economy in the world amid the broader trade measures that threaten Trump, which threatens energy demand, as well as the movement of the “OPEC+” coalition to reduce the restrictions of supplies. These factors combined have increased the fear of the appearance of an exhibition in the oil supply during the second half of the year, which prints prices. The last warning from Trump to India came before the deadline he set against Russia on August 8 to reach a ceasefire with Ukraine. It is expected that American envoy Steve Wina Moscow will visit on Wednesday, according to Tass. India and China at the forefront of Russian oil importers, India has emerged as the largest buyer of Russian oil, which has been transferred by the sea since the war against Ukraine in early 2022, as it benefited from the price discount after Western countries avoided buying Russian crude, and increased their imports from about zero to a third of the total import. China is also one of the most important buyers in Moscow. Also read: Tankers that receive Russian oil to India, despite the pressure of America and Europe, and any disturbance in India’s purchases of Russian oil can lead to the search for alternative supplies. “The OPEC+” countries, especially in the Middle East, have the ability to compensate for any possible deficit. The coalition agreed over the weekend to increase production by 547,000 barrels per day from September.