Oil prices rose sharply amid increased political risks

The Associated Press, based on information from Saudi Arabia, reported that two oil tankers in the country suffered significant damage as a result of sabotage. At the same time, victims and oil spills were avoided. The threat to the free movement of fuel, which arose in one of the key regions of the world, caused a sharp jump in oil prices. The price of Brent crude oil to 15:47 Moscow time on Monday rose by 1.84%, amounting to 71 dollars 92 cents per barrel. WTI crude oil rose 1.64% to 62 dollars 67 cents a barrel. The concern of market participants was also caused by the completion of trade negotiations between the US and China without signing an agreement. Washington announced the introduction of higher duties on goods from China, and the Ministry of Finance of China in response announced plans to increase import duties on some goods from the United States.

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