Historically, the geopolitical tensions in any crude oil producing nation always cause tremors bringing the crude oil barrels tumbling down, and prices much higher. However the aftermath of Russian invasion on Ukraine did not trigger a price spike. Contrary to the fears of policymakers, oil traders who were speculating price hike crude went for a free fall.
Historically, the geopolitical tensions in any crude oil producing nation always cause tremors bringing the crude oil barrels tumbling down, and prices much higher. However the aftermath of Russian invasion on Ukraine did not trigger a price spike. Contrary to the fears of policymakers, oil traders who were speculating price hike crude went for a free fall.
