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.