In early trading on Sunday, Brent crude oil prices fell by 1% to $108.80 per barrel, while U.S. oil prices decreased by 0.2% to $101.18. This decline occurred against the backdrop of significant geopolitical events, including a large-scale drone attack by Ukraine on oil infrastructure in St. Petersburg, which resulted in fires at an oil terminal and depot, as reported by St.
Petersburg Governor Alexander Beglov. Additionally, two tankers were attacked off the coast of Saudi Arabia, as noted by the United Kingdom Maritime Trade Operations Centre. These developments could lead to increased volatility in oil prices and may affect global supply chains, prompting investors to closely monitor the situation for potential impacts on the energy sector