Oil Extends Gain On Rising Risks To Russian Crude, Diesel Supply

West Texas Intermediate rose toward $64 a barrel after adding 1.2% on Tuesday, while Brent settled above $67.

Trump said NATO nations should shoot down Russian aircraft that violated their airspace and struck a more sympathetic tone on Ukraine’s chances of winning the war.  (Image: Bloomberg)

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  • US President Trump increased rhetoric against Russia amid Ukraine conflict concerns
  • WTI crude oil price rose towards $64 per barrel following a 1.2% gain on Tuesday
  • Brent crude settled above $67 per barrel after a 1.6% rise on Tuesday

Oil extended its biggest gain in a week, as US President Donald Trump ramped up his rhetoric against Russia and traders watched for supply disruptions from the OPEC+ member. 

Also Read: India, China Primary Funders Of Russian War On Ukraine: Donald Trump At UNGA

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