Oil prices rose over $1 a barrel due to concerns of supply disruptions after Poland downed drones in its airspace and the U.S. pushed for new sanctions on Russian oil buyers. Brent crude settled at $67.49 a barrel, while U.S. WTI crude settled at $63.67 a barrel. Geopolitical tensions rose after Poland shot down drones during a Russian attack in Ukraine. President Trump urged the EU to impose 100% tariffs on China and India to pressure Moscow. Traders expect the Fed to cut interest rates, boosting oil demand. U.S. crude stocks, gasoline, and distillate inventories rose, signaling a bearish outlook.

Read more at Yahoo Finance: Oil prices settle up over $1 after global tensions mount; oversupply caps gains