Daily Oil Fundamentals
It is Always the Long Game with Russia
17 Oct 2025It is Always the Long Game with Russia
The negative influence of trade wars is expanded on below, but the pressure oil prices have been undergoing lately have found a little more weight. The success enjoyed by President Trump in leading the Gaza peace deal has emboldened him to once again metaphorically look into the eyes of Russia’s Vladimir Putin and ask him, “well?” The recalcitrant Russian leader will obviously play for time, as his normal operandi historically suggests, and none can tell whether if another bout of soothing language and fawning flattery will appease the US President.