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Oil prices climbed Wednesday as Trump warned of 100% tariffs on Russian oil buyers unless Moscow ends the Ukraine war. Brent rose 0.8% to $73.06, WTI gained 0.7% to $69.67. JP Morgan noted India may comply with sanctions, risking 2.3M bpd exports. India and China, two of the world’s top crude importers, are the biggest buyers of Russian oil.
short by / 03:48 pm on 30 Jul
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