Oil Caught Between Tariff Threats And Supply Constraints

Crude oil futures have remained largely stable this week, with prices hovering around the $70 per barrel mark. The market is currently responding to a mix of fundamental drivers, including geopolitical developments, shifts in supply, and evolving demand expectations. Traders are closely watching U.S. policy changes, OPEC+ production strategies, and the ongoing Russia-Ukraine negotiations for clues on the next market move. A potential peace agreement between Russia and Ukraine remains a critical factor. U.S. President Donald Trump's direct talks…