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International Netherlands: Trump's "major statement" on Russia, if it involves energy sanctions, will significantly change the oil market outlook.
Jin10 data reported on July 14th, U.S. President Trump expressed dissatisfaction with Russian President Putin regarding the Russia-Ukraine issue. Investors are awaiting further details about Trump’s “major statement” on the Russia issue later on Monday, which has caused oil prices to pump. Both Brent crude and WTI crude futures rose by 0.5%. Dutch international analysts stated: “Trump may announce more sanctions against Russia, and if the sanctions target Russian energy, it could significantly alter the oil outlook.” However, due to escalating trade tensions, the price increase is limited, and the latest U.S. tariff threats cast a shadow over energy demand prospects.