Author: Sebastian Montague

In recent developments, the geopolitical landscape is experiencing significant shifts, particularly with President Trump’s initiative aimed at fostering peace, which appears to have repercussions across various domains, including impacting global oil prices. This peace initiative, sometimes referred to as the Peace Map, has been evolving and includes a notable consideration of a dealing with Hamas, raising complicated implications for the Iranian military and potentially altering power dynamics in the Middle East. A recent gathering at the White House, which saw attendance from global leaders such as Vladimir Zelensky of Ukraine, alongside European notables including French President Emmanuel Macron, British Prime…

In recent times, the enduring conflict in Ukraine has cast a long shadow over global markets, influencing them in profound and often unpredictable ways. One of the most telling indicators of this influence has been the performance of crude oil prices – a commodity that acts as a barometer for global economic health and political stability. This week, however, there appeared to be a glimmer of hope on the horizon, as developments on the diplomatic front sparked optimism among investors and market watchers. On Tuesday, the price of Brent crude, a major global benchmark for oil, witnessed a decrease of…