WTI Oil Prices Down as Trump Agrees to Pause Tariffs on Mexico, Canada
TOKYO (Reuters) -U.S. West Texas Intermediate (WTI) crude prices were down by 1.1%, or 0.80 cents, to $72.36 at 2323 GMT after U.S. President Donald Trump agreed to pause imposing steep tariffs on Mexico and Canada for one month.
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Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.
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