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Oil
Oil: Geopolitical overview at the start of the week

Oil prices stabilise as traders weigh up Trump's tariff promises on EU goods. And Trump says he is considering sanctions against Russia and calls Putin "crazy".

5/26/2025

Oil remained steady late last week and early this week as the market weighed the prospects of easing trade tensions after US President Donald Trump announced he would extend the deadline for imposing so-called reciprocal tariffs on the European Union.Brent was trading at around 65 dollars per barrel, West Texas Intermediate below 62 dollars. On…

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