Oil in early Asian trading supported by renewed concerns over potential supply disruptions tied to possible U.S. sanctions on Russia.
Analysts at ANZ Research noted that U.S. President Trump has recently adopted a more critical stance toward Russian President Vladimir Putin, expressing frustration over the lack of progress in ending the war in Ukraine.Trump has reiterated his criticism of Putin and, according to the analysts, is expected to make a significant announcement on Russia later this week.
The Wall Street Journal conveying the info from ANZ.
I think Trump is speaking on Russia on Monday.
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Brent hasn’t done a real lot:
This article was written by Eamonn Sheridan at www.forexlive.com.