India, Sept. 2 -- Crude oil jumped on Tuesday as concerns about supply disruptions increased following today's strikes on Russian energy sites by Ukraine in the ongoing three-plus-year Russia-Ukraine war. Trading in WTI Crude Oil had been paused yesterday on account of Labor Day.
Today, WTI Crude Oil for October delivery was last seen trading up by $1.51 (or 2.36%) at $65.52 per barrel.
Attempting to end the drawn out war between Russia and Ukraine weeks before, US President Donald Trump threatened Russia to agree to a ceasefire soon or face heavy sanctions on its oil exports. In addition, he also levied 25% tariffs on countries buying oil from Russia, India being the major casualty with this decision.
Separately, Trump had two individua...