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Breaking Posted 55 min ago

Oil Prices Fall as Trump Considers Easing Sanctions on Shadow Tankers

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Brent crude fell to $104.39/bbl from earlier $106 highs; WTI dropped to $94.02/bbl as President Trump signaled potential sanctions relief on vessels transporting oil from Venezuela, Russia, and Iran. Increased tanker supply could ease geopolitical energy-supply premiums, affecting crude-linked currencies CAD and energy-sensitive EUR positioning amid Eurozone sovereign-debt stress.
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