The dispute between Zelensky and Trump collapsed oil prices.

Oil prices fell due to the conflict between Trump and Zelensky

Oil prices decreased following a tense meeting between the presidents of the USA and Ukraine. The price of Brent fell to $73.18 (-1.16%), while WTI dropped to $69.76 (-0.84%).

This was reported by 'Khvylia'.

Trump threatened to stop support for Ukraine, while Zelensky did not sign the resource development agreement. This led to the decline in oil prices.

This creates a favorable position for Russia and the opportunity to put more oil on the market - John Kilduff, Again Capital LLC.

Prices are also affected by new US tariffs: 25% on goods from Mexico and Canada and 10% on Chinese imports starting March 4.

Traders are reducing risks due to growing volatility caused by Trump's trade war, especially with China, which raises concerns about global demand - Ole Hansen, Saxo Bank.

Iraq intends to resume oil exports from Kurdistan at a volume of 185,000 barrels per day, violating OPEC+ quotas.

If OPEC+ delays the return of 120,000 barrels per day of voluntary cuts from April, then increases in Iraq will exceed this limit - Harry Chilingerian, Onyx Capital Group.

OPEC+ is considering increasing or freezing production in April. A delay may lead to rising oil prices - notes Phil Flynn, Price Futures Group.