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Oil Rises on Looming US Russia Sanction Threats

Summary by Business Live
Donald Trump has raised prospect of more sanctions on Russia

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The price of Brent oil has been the focus of the market as it stands above $69 per barrel.This surge occurs in the midst of economic announcements and geopolitical tensions that have captured the front pages.According to the original report, fluctuations in the oil market are being closely monitored by analysts.Donald Trump, president of the United States, plans to make a "important announcement" on Monday, reaffirming his criticism of Russian P…

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Oil Rises on Looming US Russia Sanction Threats

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Business Live broke the news in Johannesburg, South Africa on Friday, July 11, 2025.
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