WTI crude holds above $82.50 as UK-Russia tensions raise supply fears

West Texas Intermediate (WTI) crude oil remained above $82.50 per barrel on [Date] as rising tensions between the UK and Russia increased concern about potential supply disruptions. Russia’s role as a major exporter of crude and refined products has raised the geopolitical risk premium, even though the UK imports little Russian crude. The broader European market remains more exposed to Russian supply, meaning sanctions, infrastructure attacks or logistical bottlenecks could tighten regional and global markets. OPEC+ output policy and steady US production are providing counterweights, while traders monitor official statements, potential retaliatory measures and weekly US inventory data from the Energy Information Administration (EIA). A surprise increase in US crude stocks could ease upward pressure, while a large drawdown could reinforce it. WTI is likely to remain volatile, with risks tilted toward higher prices until signs of diplomatic progress emerge.

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