Dutch International: OPEC+ production freeze does not affect overall market expectations.

Oil prices rose in early trading, as the market expects the United States to impose sanctions on Russian oil and there are reports that OPEC+ is considering pausing production increases. It is reported that the Trump administration is negotiating with Congress on a bill that would authorize severe sanctions on Russia, including tariffs on Russian oil and other commodities. However, analysts at ING Bank in the Netherlands stated: "This does not change our overall expectations for the market, as we originally believed that OPEC+ would continue to increase production until the end of September."