Additionally, there is speculation that Trump might relax some of the current restrictions on Russian oil, which could lead to an increase in supply and potentially lower oil prices. However, this is balanced by the expectation of new, potentially stricter sanctions that could restrict supply and push prices higher.
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Overall, the market is in a state of flux, with oil prices reflecting the mixed signals from potential policy changes. Investors are cautiously navigating these uncertainties, making both bullish and bearish bets on future oil prices.
