Oil Prices Fall Amid US Military Aid Suspension

On Tuesday, oil prices dropped as US President Donald Trump halted military aid to Ukraine, raising concerns about global market stability and geopolitical tensions.


Oil Prices Fall Amid US Military Aid Suspension

Today, on Tuesday, oil prices have decreased after President Donald Trump suspended military aid to Ukraine. This news caused a rise in risk on the market, which worsens the geopolitical situation. Furthermore, investors are awaiting new data on oil reserves in the U.S., which also puts pressure on prices.

"The suspension of military aid to Ukraine by Donald Trump adds uncertainty and risk to the oil market," analysts note. Additionally, uncertainty in trade negotiations between the U.S. and China also contributes to the decline in oil prices.