Oil prices rose after an attempted insurrection in Russia by the Wagner group of mercenaries stoked fears of supply disruption. The rebellion posed a threat to Vladimir Putin's grip on power. West Texas Intermediate futures rose almost 1% to just below $70 a barrel, while Brent crude was up 0.95%. The armed rebellion was called off on Sunday and charges against the leader were dropped.

The post Oil Prices Climb after Russia Mutiny Stoke Fears of supply disruption appeared first on Balanced News Summary.