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Oil prices fall on demand concerns in volatile session as US court blocks Trump tariffs
Oil prices fell on Thursday, retreating from earlier gains, after the International Energy Agency's director warned of weaker demand in China, while the market also watched for potential new U.S. sanctions curbing Russian crude flows and an OPEC+ decision on hiking output in July.
Trump could inflict pain on Putin in the absence of peace progress. Here's how.
The White House faces the question of whether its appeasement of Russia has failed to achieve the ceasefire it promised and instead emboldened the Kremlin on the battlefield.
Court blocking Trump tariffs torpedoes his negotiating tactic, but it’s ‘hardly the end of this story’
"We haven’t heard directly from President Trump on the matter yet, so it’s unclear how the administration might respond going forward," one analyst notes.
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The european union challenges Trump's tariffs
In a strategic move, the European Union has decided to expedite trade talks with the United States. This decision follows President Donald Trump's threat to impose new sanctions on the region, including a potential 50% tariff on European imports.
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