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Oil prices climb as US court blocks Trump tariffs
short by / on 29 May 2025,Thursday
Oil prices rose on Thursday after a US court blocked President Donald Trump's tariffs from taking effect, while the market was watching out for potential new US sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in July. Brent crude futures climbed 81 cents, or 1.25%, to $65.71 a barrel.
short by / 09:56 am on 29 May
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