... enhancing expectations for increased demand for U.S. oil and gas. Furthermore, the U.S. has intensified dialogue with India to eliminate trade barriers, easing global market tensions. Geopolitical risks and sanctions uncertainty. U.S. President Donald Trump has intensified rhetoric against Moscow, issuing an ultimatum to resolve the conflict in Ukraine within about 10 days. He threatened to impose 100% tariffs on Russian exports and secondary sanctions against buyers of Russian oil if there is no progress. These statements raise uncertainty over future supplies and add a "risk premium" to the price of a barrel. So far, Moscow has shown no ...

... capital through increased exports. This positive signal has strengthened market confidence in the resilience of future energy resource demand. At the same time, the U.S. administration is ramping up pressure on Moscow. At the end of July, President Trump shortened the timeline for achieving a truce in Ukraine (the ultimatum expires on August 8) and indicated willingness to take extreme measures, regardless of potential market reactions. This involves the possibility of imposing maximum tariffs on Russian goods and secondary sanctions against buyers of Russian oil and gas. The prospect of such actions keeps the market tense given the risks to global energy supply chains. Moscow, on its side, has made it clear that it does not intend ...

... due to additional tariffs on exports to the US. Investors are now looking optimistically toward negotiations between the EU and Washington: a principle agreement is expected to be announced this weekend, which would avoid the imposition of increased tariffs from August 1. The meeting between European Commission President Ursula von der Leyen and President Donald Trump, scheduled for Sunday in Scotland, is intended to cement this trade compromise. The prospect of resolving the dispute supports the European market: despite industrial difficulties, hopes for the swift removal of barriers and ongoing business adaptation ...

... shortages of specific fuel types (e.g., diesel) continue to support prices. U.S. sanctions pressure and India's position Washington has intensified pressure on India in an effort to limit its collaboration with the Russian oil sector. U.S. President Donald Trump has signed an order imposing additional 25% tariffs on imports from India as a sanction for India's purchases of Russian oil. This measure, announced in early August, marks an unprecedented step directly aimed at the second largest market for Russian oil. The tariffs will take effect in a few weeks,...

... improving investor sentiment and bolstering expectations for rising demand for U.S. oil and gas. The U.S. has also intensified discussions with India to remove trade barriers, mitigating global tensions. Geopolitical Risks and Sanctions: President Donald Trump has escalated rhetoric concerning Moscow, presenting an ultimatum to resolve the conflict in Ukraine within approximately ten days. He has threatened to impose 100% tariffs on Russian exports and secondary sanctions on countries purchasing Russian oil if progress is not made. These statements have increased uncertainty regarding global supplies and added a risk premium to oil prices. OPEC+ Actions: OPEC+ member countries ...