Oil Slides As Russia-Ukraine Peace Hopes Rise | Hong Kong Tech Shares Shine

Oil prices declined for the fourth consecutive day, with Brent crude down to $74.59 a barrel. Investors are betting that potential peace talks between Russia and Ukraine could ease sanctions and increase oil supply. Meanwhile, global trade tensions and the possibility of new tariffs are raising concerns about economic growth and energy demand. U.S. President Donald Trump says he may meet Russian President Vladimir Putin “very soon” to discuss ending the war. In another development, Asian stock markets edged higher on Monday, with Hong Kong’s tech sector leading gains. Japan’s economy grew faster than expected, boosting the yen, while weak U.S. retail sales dragged down the dollar. Investors are also closely watching Russia-Ukraine talks in Saudi Arabia, though details remain unclear. Watch The World Report for the latest updates.