Singapore: Brent crude futures dropped by 25 cents to settle at $68.96 a barrel, while U.S. West Texas Intermediate (WTI) crude futures slipped 34 cents to $66.64. Both contracts had already fallen more than a dollar in the previous session, continuing a downward trend triggered by geopolitical tensions and concerns over future demand.
Tariffs could slow economic growth, which could reduce global demand for fuel and lead to lower oil prices.
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