Oil prices fell significantly on Friday (Washington time, ed.), which was the market's reaction to the dispute between the presidents of Ukraine and the United States.
This was reported by Reuters.
Brent crude futures, which expired on Friday, fell by 86 cents, or 1.16%, to USD 73.18 per barrel. At the same time, US WTI (West Texas Intermediate) crude futures finished down by 59 cents, or 0.84%, to USD 69.76 per barrel.
As the Ukrainian News agency earlier reported, Zelenskyy met with Trump and U.S. Vice President J.D. Vance at the White House yesterday. At first, the conversation was in a good-natured atmosphere, but then the conversation turned into a scandal on camera.
The Ukrainian President has argued that moscow cannot be trusted to make peace, and Trump and Vance have accused Zelenskyy of not thanking them for their help.
According to experts, the dispute between the heads of state improves russia's strategic position, allowing it to count on strengthening its position in the oil market.
The price drop is also due to new U.S. tariffs and Iraq's decision to resume oil exports from Kurdistan.
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