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Oil Prices Jump as Traders Brace for Trump–Putin Showdown

OilPrice.com Thursday, 14 August 2025 ()
Brent crude rose 1.63% to $66.70 and WTI gained 1.74% to $63.74 on Thursday, as of 11:50 a.m. ET, with traders positioning ahead of a closely watched meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska. The talks, expected to touch on Arctic oil and gas development as well as the war in Ukraine, come as markets weigh the potential for new energy cooperation or geopolitical friction between two of the world’s top producers. Traders are watching for any indications of an easing of sanctions, which could…
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News video: Breaking: Russia Kills 265 Hiding Ukrainian Soldiers Hours Ahead of Putin-Trump Meet |Shocking VIDEO

Breaking: Russia Kills 265 Hiding Ukrainian Soldiers Hours Ahead of Putin-Trump Meet |Shocking VIDEO 02:42

Russia claims a major victory in Donbass, announcing over 265 Ukrainian soldiers killed in strikes during the liberation of Shcherbinovka, Donetsk. The Defense Ministry released footage showing destroyed artillery, including a US-made M777 howitzer. Putin hailed the offensive by Vostok Group forces,...

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