Oil Prices Decline As Trump Warns China On Magnets
Oil prices fell sharply on Tuesday, after having surged nearly 2 percent in the previous session to an almost three-week high ahead of the doubling of Indian tariffs and amid news of Ukraine's drone and missile strikes on Russia's oil infrastructure.Benchmark Brent crude futures fell a little over 1 percent to $67.50 a barrel in European trade, while WTI crude futures were down 1.2 percent at $64.01.
Risk aversion gripped markets after U.S. President Donald Trump announced the dismissal of Federal Reserve governor Lisa Cook over alleged mortgage...
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