Oil prices little changed as investors weigh impact of Trump tariffs

March 25, 2025

Oil prices remained steady as investors weighed U.S. tariffs on Venezuelan oil and gas against potential economic impacts on global oil demand. Brent crude and U.S. West Texas Intermediate both saw slight increases. The market remains cautious amid U.S. sanctions on Iran and Venezuela, while OPEC+ plans to raise oil output amidst ongoing Ukraine peace talks.

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