Nevertheless,
Oil rises increased pressure donald new: Consequently,
Oil rises increased pressure donald:
Around 11:30 am, the Brent took 1.26% to 68.49 dollars. Meanwhile, Its American equivalent, the barrel of West Texas Intermediate, earned 1.30% at 66.01 dollars. Nevertheless. Similarly,
Black gold courses are progressing on Wednesday after Donald Trump has again threatened India with important customs rights if it pursues its Russian oil purchases. Consequently, also criticizing its lack of economic opening.
In an interview on the CNBC channel on Tuesday. Moreover, the American president spoke of a “significant” increase in the 25% of surcharge planned on Indian products “in the. next 24 hours” because India “buys Russian oil”.
The price of black gold rises on Wednesday. investors arising the risk of the disappearance of part of the Russian exports.
Around 9:30 am GMT (11:30 am HEC), the price of the Brent de la Mer du oil rises increased pressure donald new Nord, for delivery in October, took 1.26% to 68.49 oil rises increased pressure donald dollars.
Its American equivalent, the barrel of West Texas Intermediate, for delivery in September, earned 1.30% at 66.01 dollars.
New Dehli is the second Russian gross consumer, just after China, with around 1.6 million barrels per day bought since the start of the year.
And. last week. the tenant of the White House had fixed on August 8 as a deadline for Russia to stop war in Ukraine, under penalty of “customs duties and other things”, mentioning in particular the establishment of an indirect surcharge of 100% on countries which buy Russian products.
Russian President Vladimir Putin received Donald Trump’s emissary on Wednesday. Steve Witkoff. but “it seems very unlikely that Russia will end the war by Friday,” said Joshua Mahony, analyst at Rostro.
For India this implies making a choice between a cheaper “Russian oil. oil rises increased pressure donald new the risk of harming its relations with the United States. ” said Ipek Ozkardeskaya, analyst oil rises increased pressure donald at Swissquote.
“If India yields. what it has refused to do so far. it will reduce the world oil supply”, and Moscow would find it difficult to sell its oil elsewhere, “particularly in the short term,” said Arne Lohmann Rasmussen, analyst at Global Risk Management.
If Russian exports are not affected, the market, on the other hand, expects a drop in prices.
Indeed. the demand for black gold is generally lower after summer. the supply should be abundant in the fourth quarter due to the production increase in the organization of oil exporting countries and its allies since April.
Oil rises increased pressure donald new
Oil rises increased pressure donald
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