Geopolitical tensions, such as the US imposing tariffs on major oil exporters like Canada, Mexico, and China, could disrupt supply chains and elevate fuel costs
Market volatility remains a significant challenge, influenced by factors like geopolitical conflicts and fluctuating demand forecasts
Sanctions on countries like Russia and Iran have tightened oil supplies, leading to price surges and increased market instability
OPEC+'s production decisions, especially in response to external pressures, can significantly impact global oil prices and market dynamics
Economic policies, such as increased tariffs and sanctions, can create uncertainty in energy markets, affecting oil prices and trading strategies