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10 Feb 2025

Oil prices rise despite Trump's threat to impose new tariffs

Oil prices rose during Monday's trading, despite President Trump's threat to impose additional tariffs on U.S. imports of steel and aluminum, a move that threatens to undermine global economic growth and, in turn, energy demand. Brent crude futures for April delivery increased by 0.58%, or 43 cents, to $75.09 per barrel at 09:21 AM Mecca time

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