Oil Prices Dip on Tariff Expectations ...Middle East

Crude oil prices took a dip today after hitting a two-week high earlier, as traders awaited updates on President Trump’s tariff plans, following the latest delay in trade deals with some key partners such as Japan and South Korea. Brent crude was trading at $70.07 per barrel at the time of writing, with West Texas Intermediate changing hands for $68.26 per barrel. Both were slightly down from Tuesday’s close after President Trump postponed the entry into effect of tariffs on 14 partner countries from July 9 to August 1. Trump has said…

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