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US crude oil fell for a fourth straight day as the market weighed tariff risks

itstargetnews
Business News
January 23, 2025
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Data analysis in the energy market of raw materials: the charts and quotes on the screen. US WTI Crude Oil Price Analysis. Incredible price drop over the last 20 years. — SlavkoSereda/iStock via Getty Images

Crude oil fell on Wednesday after President Trump expanded his tariff threats to include a 10% levy on China and the European Union, two of the world’s biggest energy markets, following his plans to impose tariffs until 25 % on goods from Canada.

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