25 November 2025: 16:30 GMT
A dollar dump on a headline! Ukraine agrees to the US plan, apparently and flat price plunges to under $62 – briefly. But always read the fine print! There are still “minor details” to sort out. “Needs two to tango” as a source from a major Middle Eastern NOC commented. Major Asian refiners are also expecting removal or unwinding of oil sanctions to be well down on the list of issues on the agenda. Moscow is still playing for time, as Lavrov hauled on the brakes, reiterating that any information from Russia will come from official sources, not leaks.
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