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U.S. oil market

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

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

Last Updated On April 1, 2025 5:14 PM by Ananya

Crude oil prices eased on Monday and headed for a modest quarterly loss, despite a warning from U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine.

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