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Oil Slips as Trump Threatens Russia with Sanctions
The Business NG
|The BusinessNG
Crude oil prices edged lower on Tuesday as geopolitical tensions, rising supply, and softening demand continued to pressure market sentiment.
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Brent crude fell 0.7% to $68.71 per barrel after reaching $70.53 on Monday, before settling at $69.21. West Texas ntermediate (WTI) crude also dipped to $66.39 per barrel.
The decline follows U.S. President Donald Trump's warning that Washington will impose 100% secondary tariffs on Russia if a peace agreement to end the war in Ukraine is not achieved within 50 days. The announcement spooked markets already navigating a complex mix of supply and demand dynamics.
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हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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