NASDAQ:OPAD News 9 January 2026

January 25, 2026, 1:13 AM EST. Crude oil prices rallied sharply on Friday, with March WTI crude climbing 2.88% to a one-week high. The dollar index fell to a 3.5-month low, easing pressure on energy costs. Geopolitical risks intensified after Russia dismissed prospects for peace in Ukraine, maintaining supply restrictions. Meanwhile, U.S. President Trump threatened military action against Iran amid protests and warned of curbs on dollar supply for Iraqi oil sales, further tightening market sentiment. Supply disruptions in Kazakhstan due to power outages and drone strikes also helped support prices. The International Energy Agency lowered its 2026 global crude surplus forecast, while U.S. production estimates rose slightly. These factors collectively underpin the bullish momentum in oil markets amid ongoing global uncertainties.