Commodities: Risk Of Additional Russia Tariffs Unnerve Market
Source: SeekingAlpha
2025-07-29 08:20:00 ET
By Warren Patterson , Ewa Manthey
Energy - Trump shortens the window for peace deal
ICE Brent rallied by more than 2.3% yesterday, pushing prices back above US$70/bbl. This was in response to President Trump saying he would shorten the deadline for Russia to come to a deal to end the war with Ukraine from 50 days to 10-12 days. No deal could see Russia facing tougher US sanctions, along with the US imposing secondary tariffs of 100% on trading partners that import Russian oil. If imposed and enforced strictly, it would cause a significant shift in the oil outlook....
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Commodities: Risk Of Additional Russia Tariffs Unnerve Market
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