Crude oil price rose to around USD 67.8/barrel, marking a third consecutive day of gains, driven by concerns over supply disruptions from ongoing conflicts in the Middle East, including Israel’s large-scale attack on Gaza and US President Trump’s threat to hold Iran accountable for any attacks by Yemen’s Houthis. Additionally, expectations of increased demand from China, driven by stimulus plans and strong economic data, supported prices. However, gains may be capped by the possibility of progress in Russia-Ukraine peace talks, which could lead to increased supply, and rising trade tensions, which have raised concerns about economic growth and energy demand.