Oil prices rose on Thursday after news of Russia’s missile and drone attacks on Ukraine, with Brent crude settling at $68.62 a barrel and U.S. WTI crude at $64.60. Trump expressed unhappiness over the attacks, leading to a positive market reaction. The Ukrainian military retaliated with drone strikes on Russian oil refineries. Trump will address the situation later. Despite U.S. pressure, Russian oil exports to India are set to increase in September. Oil prices face downward pressure due to lower demand post-Labor Day weekend and increased OPEC+ output. Russian crude supplies to Hungary and Slovakia have resumed after a recent Ukrainian attack.

Read more at Yahoo Finance: Oil settles higher as traders await Trump statement on Russia-Ukraine