Muscat: Oil prices today fell after US President Donald Trump's lengthy 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased immediate supply concerns. Brent crude futures fell 25 cents to $68.96 a barrel, while US West Texas Intermediate crude futures fell 34 cents to $66.64. Both contracts settled more than $1 lower in the previous session. According to Oman News Agency, tariffs risk slowing down economic growth, which could sap global fuel demand and drag oil prices lower.
Oil Prices Decline Amid Ongoing Concerns Over US Tariffs