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Live Updates  >  Live Update Details

2025-08-01 08:45:50

[Analyst: The impact of US tariffs on oil prices may be two-way] Oil prices opened almost unchanged this morning, with Brent crude oil close to $72 per barrel. Some analysts say that for crude oil, the impact of tariffs is two-way. As the impact of widespread trade tariffs is expected to slow economic growth, this will have a negative impact on oil demand. However, other related US penalties - especially those threatened against Russian oil buyers - may disrupt supply, thereby supporting oil prices.

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