Oil Prices Tumble as Trump-Putin Talks Fuel Fears of Oversupply

Crude's slide deepens as geopolitical jawboning threatens market stability.

Black gold's bad day

Oil markets flinched as whispers of a Trump-Putin supply deal sent traders scrambling. The mere specter of two unpredictable leaders meddling with production quotas was enough to trigger algorithmic sell-offs—because nothing says 'stable markets' like former KGB agents and reality TV stars setting commodity prices.

The petrodollar shuffle

Futures contracts bled red as energy desks priced in the worst-case scenario: coordinated output hikes that could flood an already fragile market. Never mind that both leaders have historically favored production caps—when has consistency ever been a hallmark of petropolitics?

Bonus jab: Meanwhile, traditional energy investors suddenly remembered why they diversified into Bitcoin last cycle.

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