Oil Prices Edge Higher as Energy Strikes Darken Russia-Ukraine Peace Hopes ...Middle East

Oil prices climbed in early Asian trading on Monday, as Russia attacked a key heating plant in Kherson and Ukraine targeted a Russian oil refinery. The strikes dampened hopes of a Russia-Ukraine peace deal, even as Trump and Zelensky claimed progress on a 20-point peace plan. At the time of writing, Brent crude had risen by 0.86% to $61.16, while WTI was trading 0.81% higher at $57.20. This recent rise in oil prices comes on the back of a 2% drop on Friday, as optimism over a peace deal grew alongside oversupply fears. The Russian attack on Naftogaz's…

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