WTI edges higher above $57.50 amid geopolitical risks

WTI (West Texas Intermediate) is trading at $57.65 during early Asian trading hours on Tuesday, influenced by geopolitical risks. The article reports that the rising geopolitical tensions are exerting upward pressure on the oil market. Geopolitical circumstances are critical factors that affect prices, especially if the stability of the Middle East is at risk, oil prices tend to react strongly. The fact that WTI is trading above $57.50 indicates an imposition of buying pressure, but there is no explicit indication of technical levels or targets mentioned. In this context, traders need to closely monitor market trends. Further information will be required regarding the potential impacts of geopolitical risks and other fundamental changes on oil prices.