Oil Prices Surge Amid Geopolitical Tensions
Update: 2025-12-26
Description
Oil prices surge as geopolitical tensions escalate, with Brent crude climbing above sixty-two dollars per barrel. The U.S. blocks Venezuelan oil shipments, while Nigeria faces fresh strikes. China maintains export quotas, and Eneos eyes Chevrons Singapore refinery. Kazakhstans exports plummet due to drone strikes and storms, and Iran halts gas supplies to Iraq. Mexicos Pemex receives a credit upgrade, India gets a U.S. waiver for Russian crude, BP sells Castrol for six billion dollars, and China discovers a significant oil find. Traders monitor these developments closely amid silvers surge and Russias delayed LNG goals.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
