18 September 2025: 16:30 BST
Trump is annoyed Putin isn’t playing ball in negotiations. Low prices will force him to the table, Trump says! But if Russia’s supplies are removed then prices run up, don’t they? He’s also angry with countries buying Russian oil – but he hasn’t put 2 and 2 together to realise if they stop, they will buy WTI and angry consumers would suffer from higher prices. But the market was resolutely indifferent to Trump’s rantings, as Brent even dropped through the window to hit $67.52/bbl by the close.
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