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FXStreet reports WTI crude traded near $64.60 a barrel, extending gains on the stalled Russia-Ukraine peace talks and Ukrainian drone strikes on Russian energy facilities, including a fire at the Ust-Luga export terminal. Trump renewed sanctions threats with a two-week deadline, and Powell's signal of a September cut also supported prices.
Attacks on Russian export infrastructure and sanctions threats tighten crude supply expectations, raising diesel and energy costs for feed production and transport.
fxstreet.comLallalit SrijandornAug 26, 2025After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.
After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.
After 250 past bullish geopolitics events, ULSD / Diesel moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
