
Oil prices saw an increase in early Asian trading as investors considered Middle East tensions that could impact supply. Brent crude futures rose by 0.94% to $61.21, and WTI crude was up 0.95% to $57.28. Geopolitical tensions in the Middle East and strikes on energy infrastructure in Russia and Ukraine are cited as reasons for the rise. Meanwhile, progress in Russia-Ukraine peace talks remains uncertain, with key details like territorial control in Donbas still unresolved.