The hype surrounding the historic summit Friday between U.S. President Donald Trump and Russian President Vladimir Putin makes clear that Russia — even under global sanctions — remains a powerhouse in the energy market.

U .S. oil prices were rising early Friday ahead of President Donald Trump’s meeting with Russia’s leader Vladimir Putin, which could have significant repercussions for crude. West Texas Intermediate crude, the U.S. benchmark, climbed 1.1% to $63.37 a barrel in early trading. The Brent international benchmark slipped 0.8% to $66.30, though.