Supply Cuts

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Oil Holds Gain as Trump’s Russia Deadline Raises Supply Concerns
Bloomberg Television· 2025-07-29 06:08
So, Stephen, maybe just walk us through the steps. Why did the all oil market react in such a fashion yesterday to this announcement that President Trump is bringing forward the window for the Russian president to come to the negotiating table for a truce. Why would that leads to a spike in the oil price.Well, I mean, before he had until September 2nd, basically now he's pulling this forward and the fears are over what Trump has threatened and he's called secondary tariffs, basically. It's a view that if an ...