Oil prices have experienced fluctuations amid ongoing geopolitical developments related to the Russia-Ukraine conflict and U.S. diplomatic efforts. Initially, oil prices dipped as traders focused on U.S. President Donald Trump's meetings with Ukrainian President Volodymyr Zelenskiy and Russian President Vladimir Putin, which increased pressure on Ukraine to consider a territorial agreement. Following Trump's meeting with Zelenskiy in Washington, Brent crude rose by 1.02% to $66.52 per barrel and West Texas Intermediate (WTI) increased by 0.96% to $63.40, as expectations for a rapid ceasefire between Ukraine and Russia diminished. Market uncertainty persisted due to ongoing geopolitical tensions, fluctuating ceasefire hopes, and U.S. sanctions policies, particularly concerning Russian oil exports through pipelines like Druzhba to Hungary and Slovakia. Subsequently, oil prices edged lower amid prospects of a Russia-Ukraine meeting and potential peace talks, which raised hopes for easing sanctions. However, attacks on pipelines and refineries underscored the conflict's continuation. As peace talks stalled, supply concerns resurfaced, leading to a rebound in oil prices. Traders also monitored U.S. stockpile levels, which showed declines, further supporting prices. Despite the diplomatic efforts, sanctions on Russian crude remain in place, continuing to impact global supply and contributing to market volatility. Overall, oil prices have ranged around $63 for WTI and near $66 for Brent, reflecting the complex interplay of diplomatic negotiations, sanctions, and supply dynamics in the energy market.