Oil Crashes Below $60 as Tariff Battle Escalates
As of 2:30 p.m. GMT on Wednesday, Brent Crude—the international benchmark—fell by 5.25%, trading at $59.46 per barrel.
As of 2:30 p.m. GMT on Wednesday, Brent Crude—the international benchmark—fell by 5.25%, trading at $59.46 per barrel.
At the time of writing, Brent crude was trading at $70.60 per barrel, while West Texas Intermediate (WTI) stood at $67.26 per barrel.
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