Oil prices rose, recovering earlier losses, amid Trump's threats of tariffs on India, which imports crude from Russia.
Miruna Brosban
International
Foto: Shutterstock
Always see our news on Google
Oil prices rose on Wednesday, with Brent contracts reaching $68.54/barrel and WTI at $66.08/barrel, in reaction to President Trump's threats of additional tariffs on India over Russian crude imports. Analysts suggest that India could reduce purchases of Russian oil, but a complete halt is unlikely due to the profitability of these imports. International tensions are rising and the war in Ukraine remains a source of uncertainty, weighing on oil prices in the short term.
Sources
Latest News
23:00
Former German ambassador to Tel Aviv criticizes Israeli colonization in the West Bank: "We need to clarify what we want to say when we rightly affirm that we support Israel."
22:52
Two media groups in the USA have filed a lawsuit against the sale of priority access to Donald Trump's posts on Truth Social, considering the system to be corrupt and unconstitutional.
22:45
SBU announces that Ukrainian forces attacked the Russian naval base at Novorossiisk, destroying three warships. The attack took place on the night from Tuesday to Wednesday.
22:41
A non-profit organization from Berlin has filed a criminal complaint against Meta's smart glasses, accusing them of violating privacy regulations in Germany.
22:32
The Israeli Minister of Defense stated that he will not withdraw from the security zones in Lebanon, Syria, and the Gaza Strip, continuing operations against Hezbollah.
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
