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163 new news items in the last 24 hours
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  2. Economy

Oil prices fell on Tuesday for the third day in a row, amid diminishing hopes for a US-EU trade deal that could hurt the global economy

Raluca Ioana Draghici
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23 July 2025, 07:27
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Brent oil prices fell 1.03% to $68.50 a barrel and WTI oil fell 1.6% to $66.11 a barrel. Deteriorating trade negotiations between the US and the EU, with threats of 30% tariffs imposed by Trump, amplified fears of an economic slowdown. Diesel prices, essential for industries, also fell by more than 3%, reflecting these concerns. However, a possible delay in tariffs could limit the price decline.

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NewMoney.ro
Preţurile petrolului continuă să scadă, în condițiile în care acordul comercial dintre Statele Unite și Uniunea Europeană nu a fost încă semnat
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Stiripesurse
Prețul petrolului continuă să piardă teren: a treia zi de scăderi, din cauza blocajului comercial

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NEWS ON THE SAME TOPICS

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Economy
The price of oil has reached its lowest level in the last two weeks, in the context of optimism regarding a peace agreement between the USA and Iran.
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Economy
Oil prices fell by approximately 3% after Donald Trump showed reluctance to resume military conflict with Iran.
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Economy
The price of a barrel of oil has dropped by more than 3% after the signing of a memorandum of understanding between the USA and Iran for the reopening of the Strait of Hormuz.
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Economy
Oil prices fell on Tuesday after U.S. officials confirmed that the ceasefire with Iran remains in effect, despite recent attacks on the United Arab Emirates.
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International
The first effects of the US-Iran agreement. Oil prices are falling while Asian markets react positively.
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Economy
European stock markets closed lower on Monday due to trade tensions, following Donald Trump's announcement regarding the increase of tariffs on EU cars.
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