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Back 31 Mar 2025

Oil prices ease despite Trump warning of possible tariffs on Russian buyers ​  

Summary: Oil prices fell despite Trump’s threat of secondary tariffs on Russian oil buyers. The threat, intended to pressure Moscow to end the Ukraine war, was met with investor caution due to doubts about feasibility and the upcoming OPEC+ production increase.

Link: https://www.channelnewsasia.com/business/oil-prices-ease-despite-trump-warning-possible-tariffs-russian-buyers-5034221