Brent Crude Falls Below $105

2026-10-13 10:38 By Agna Gabriel 1 min. read

Brent crude fell below $105 a barrel on Tuesday, ending a three-session advance as markets assessed the prospect of additional Russian energy supplies reaching global buyers.

US President Donald Trump defended his decision to temporarily ease restrictions on Russian diesel exports for six months, following a request for Moscow to release more supplies.

Trump argued that the move would benefit American consumers, despite criticism that easing restrictions could weaken sanctions imposed over Russia’s war in Ukraine.

Meanwhile, the proposed energy ceasefire between Russia and Ukraine remained uncertain.

Trump acknowledged violations of the truce, while Ukrainian President Volodymyr Zelenskyy said Kyiv would continue striking Russian targets as attacks on Ukrainian energy infrastructure persist.

Also, Iran-backed Houthi militants in Yemen launched attacks on Riyadh’s King Khalid International Airport over the weekend, increasing pressure on Washington to address the conflict.



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Brent Crude Falls Below $105
Brent crude fell below $105 a barrel on Tuesday, ending a three-session advance as markets assessed the prospect of additional Russian energy supplies reaching global buyers. US President Donald Trump defended his decision to temporarily ease restrictions on Russian diesel exports for six months, following a request for Moscow to release more supplies. Trump argued that the move would benefit American consumers, despite criticism that easing restrictions could weaken sanctions imposed over Russia’s war in Ukraine. Meanwhile, the proposed energy ceasefire between Russia and Ukraine remained uncertain. Trump acknowledged violations of the truce, while Ukrainian President Volodymyr Zelenskyy said Kyiv would continue striking Russian targets as attacks on Ukrainian energy infrastructure persist. Also, Iran-backed Houthi militants in Yemen launched attacks on Riyadh’s King Khalid International Airport over the weekend, increasing pressure on Washington to address the conflict.
2026-10-13
Brent Retreats After Three-Day Rally
Brent crude fell toward $105 per barrel on Tuesday, ending a three-session winning streak as investors weighed the impact of Russian diesel exports against escalating geopolitical tensions. Russia partially lifted its diesel export restrictions on October 10 following an agreement with the US, helping ease supply constraints in global fuel markets. However, US lawmakers argued that President Trump’s agreement with Russian President Vladimir Putin appeared to violate US law prohibiting Russian energy imports until Moscow ends its aggression against Ukraine. Ukrainian President Volodymyr Zelenskyy also vowed to continue strikes against Russia as Moscow persists in targeting Ukraine’s energy infrastructure, breaching the “energy ceasefire” previously announced by Trump. Meanwhile, the Trump administration faces mounting pressure to support Saudi Arabia in its fight against Iran-backed Houthi militants in Yemen following missile and drone attacks on Riyadh’s main airport.
2026-10-13
Brent Holds Gains on Heightened Supply Risks
Brent crude held above $106 per barrel on Tuesday after climbing for three consecutive sessions, underpinned by mounting supply concerns as the Middle East conflict escalates and attacks in Ukraine continue. The Trump administration is under growing pressure to assist Saudi Arabia in its fight against Iran-backed Houthi militants in Yemen following a series of missile and drone strikes on Riyadh’s main airport. The attacks killed at least 16 people, including a US citizen, and left around 300 others injured. In Eastern Europe, Ukrainian President Volodymyr Zelenskyy vowed to continue strikes against Russia as Moscow keeps targeting Ukraine’s energy infrastructure, breaching the “energy ceasefire” announced by US President Donald Trump. Meanwhile, Trump’s envoys Jared Kushner and Steve Witkoff reportedly informed Ukrainian officials that permitting controversial Russian diesel exports was part of broader efforts to bring Moscow back to the negotiating table to end the war.
2026-10-12