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The stability of oil prices due to the balance of fears of customs duties and the threats of stopping Russian supplies

Oil prices stabilized today, Friday & Nbsp, after they fell by more than 1% in the previous session, where traders tried to assess the impact of the new American customs duties, which may slow economic activity and reduce the growth of global fuel demand. Rising 4 cents, or 0.06%, to reach $ 71.74 a barrel, raw & quot; West Texas Intermediate & quot; The American by one cent, or 0.01%, to reach $ 69.27 a barrel. However, Brent crude is heading for weekly gains by 4.9%, while West Texas crude is expected to rise by 6.4%, after US President Donald Trump threatened earlier this week to impose customs duties on Russian crude importers, especially China and India, in an attempt to pressure Russia to stop its war against Ukraine. Investors are more on Trump’s imposition of new customs duties, most of which are higher than before, on the United States trading partners, provided that it will be implemented a day. Canada, India and Taiwan, which failed to reach commercial agreements before the specified deadline. American inflation last June, with the high prices of imported goods such as home furniture and entertainment products. Oil trade flows and reduce the supply of the market. & nbsp;

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