Oil Prices Slip Further as Market Remains in Grip of Tariff Fear ...Middle East

Crude oil prices extended their decline today as traders remained fixated on demand and the impact of the tariff war between the U.S. and China on its future prospects. At the time of writing, Brent crude was trading at $65.41 per barrel, with West Texas Intermediate at $61.63 per barrel, both down from opening. Besides the tariff exchange, which has already hurt energy trade between the United States and China after the latter imposed retaliatory tariffs on U.S. crude oil and natural gas, OPEC+ is also keeping oil traders awake at night. After…

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