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Oil rose nearly a dollar a barrel as Russia and Ukraine blamed each other for stalling peace talks. Brent settled at $67.67 a barrel, up 83 cents.
Stalled peace efforts raise the risk of disruption to Russian supply, which supports crude prices and energy-linked costs for feed.
reuters.comShariq KhanAug 21, 2025After 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 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.
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.
