Oil Prices Rally on Trade Talk Breakthrough ...Middle East

Oil prices surged Monday morning after the US and China agreed to cut tariffs as part of a temporary trade truce. West Texas Intermediate and Brent Crude both experienced significant percentage increases following the announcement of the trade agreement. While the tariff reduction is seen as a positive step for the oil market, analysts warn that lasting impacts depend on broader US policies toward China. 1m ago 9:03am CST Oil Prices Surge as U.S.-China Tariff Deal Sparks Optimism Oil prices rallied sharply on Monday morning following a breakthrough…

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