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15 Dec 2025
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
Summary: Oil prices rose on Monday due to concerns over potential supply disruptions from escalating U.S.-Venezuela tensions, outweighing oversupply worries and the effects of a potential Russia-Ukraine peace deal. While peace talks between Russia and Ukraine continue, Venezuelan oil exports have fallen sharply following U.S. sanctions and the seizure of an oil tanker.