The market reacted calmly to the U.S. threat of sanctions against Russia.

Jin10 data reported on July 15, the price of crude oil futures has declined, and the market has reacted calmly to the U.S. threat of sanctions against Russia. The reason is that Trump has set a 50-day deadline for Russia to reach a protocol with Ukraine, and the effective date for the latest tariff threat is August 1. Ritterbusch stated in a report: "Currently, the tariff factors are basically on hold before August 1, and the possible sanctions are also largely temporarily shelved." The company added, "Given the significant uncertainty surrounding Trump's tariff and sanction strategy, range-bound price fluctuations like yesterday may continue for the remainder of this month."