Oil prices saw a modest rise this week, breaking a three-week losing streak, as tensions in the ongoing Ukraine-Russia conflict flared up once again, casting uncertainty over a potential peace deal. A Week of High Stakes and Tense Talks Despite market hopes for progress, attempts to broker peace between Ukraine and Russia remain in a deadlock. President Donald Trump, currently leading U.S. diplomatic efforts, hinted at organizing a summit between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy. However, no date or agenda has been confirmed, and Russia’s Foreign Minister Sergei Lavrov accused Ukraine of refusing key negotiations. "Everyone is waiting for President Trump's next step," said UBS commodity analyst Giovanni Staunovo. The lack of movement on a ceasefire is making energy markets nervous, especially with the possibility of new, tougher U.S. sanctions on Russia if the war drags on. Oil Market Responds to Geopolitical Risk By Friday’s c...