Oil prices fall as Trump waivers Russian sanctions amid Middle East tensions
Oil prices declined on Tuesday following an executive order from US President Donald Trump that waived some sanctions on Russian energy exports, though Middle East supply risks from attacks on Saudi Arabia and Yemen kept concerns about disruptions in view. Brent crude fell to $109.06 a barrel and WTI eased to $103.32, while traders remained focused on potential damage to Gulf region energy infrastructure.
20 October 2026 · Joy Online →