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via economictimes.indiatimes.comPolitics

Oil slips as Trump's sanction waiver may lead to more Russian fuel supplies

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Oil prices took a tumble after US President Trump eased sanctions on Russia, prompting a surge in fuel exports. Brent crude futures fell to $108.43 a barrel, down from a peak of $110. Ukrainian President Volodymyr Zelenskiy warned that such actions would adversely impact…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishPossible higher Russian fuel supplies weigh on Brent prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Brent crude fell to $108.43 a barrel from a peak of $110.
  2. 02Trump eased sanctions on Russia, prompting a surge in fuel exports.
  3. 03Zelenskiy warned the move would harm Ukraine, while the US agreed a deal to import Russian diesel.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity108.01 USD+0.06%today -1.68%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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