Oil Prices Decline Amid Trump's Tariff Uncertainties

Reported about 17 hours ago

Oil prices continued to fall in Asian trading, influenced by uncertainties regarding U.S. President Trump's proposed tariffs and energy policies, which could affect global economic growth and energy demand. Brent crude futures decreased by 26 cents to $78.74 a barrel, and U.S. WTI slipped 23 cents to $75.21. Analysts indicate that Trump's initiatives could lead to increased U.S. production but introduce volatility in the oil market, as geopolitical factors and trade policies evolve.

Source: YAHOO

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