Oil Prices Rise Amid Tensions in Russia

Oil prices rose in early Asian trading on Monday, following a brief rebellion by the Russian private military group Wagner. Brent crude futures increased by 1.3%, while West Texas Intermediate crude futures also rose by 1.3%. Analysts at Goldman Sachs stated that "markets are slightly factoring in the increased possibility that domestic tensions in Russia could lead to supply disruptions or significantly negative impacts on future oil supply."