Oil markets reacted to Donald Trump’s tariff suggestion on Russian crude, triggering modest gains.

Investors are closely monitoring oil markets as U.S. pressures on Venezuelan exports and new tariffs impact global supply chains, driving prices up.

Oil prices rise as US escalates military action in Yemen, impacting global shipping routes. Geopolitical tensions in Middle East add complexity to oil market.

Discover how Union Jack Oil plc is driving innovation and sustainability in the UK’s onshore oil industry through AI integration and carbon reduction initiatives.

Union Jack Oil plc announces promising results from Moccasin 1-13 well in Oklahoma, showcasing strong initial flow rate and expanding US footprint.

Union Jack Oil plc provides a positive update on the testing of the Moccasin 1-13 well in Oklahoma, USA, showing significant oil production potential.

Fresh US sanctions targeting Iran’s oil industry have propelled oil prices up, reflecting concerns over global crude supply. Brent crude reached $74.93 a barrel.

Oil prices surged on supply concerns in Russia and the U.S., with Brent crude rising to $76.44 per barrel. Geopolitical factors drive market volatility.

Oil prices edged higher on Monday, despite trade tensions, stabilizing after recent volatility.

Crude oil prices surge as Trump imposes tariffs on major exporters like Canada and Mexico, sparking supply concerns.