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Markets await Supreme Court ruling as oil prices climb on Venezuela tensions

Investors are cautious ahead of a key US Supreme Court decision on President Trump’s global tariffs, while oil prices have been supported by geopolitical tensions related to Venezuela.

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Washington Dc, Washington Dc, USA. Credit: Aashish Kiphayet/ZUMA Wire/Alamy Live News
Washington Dc, Washington Dc, USA. Credit: Aashish Kiphayet/ZUMA Wire/Alamy Live News. Picture: Alamy

By Camille Bidard

On the stock market, investors are positioning cautiously ahead of a Supreme Court ruling on the legality of President Trump’s sweeping global tariffs.

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The decision is being closely watched, as it could have significant implications for trade and market sentiment.

At the same time, oil prices have received a boost from ongoing geopolitical tensions between the United States and Venezuela.

The uncertainty surrounding the relationship has helped support crude prices, adding another layer of focus for investors tracking global markets.