Oil rises 1% as Trump plans tariff on countries that buy Venezuelan oil, gas

Quick Summary:

HOUSTON: Oil prices gained 1% on Monday as U.S.

President Donald Trump said he will impose a 25% tariff on countries that buy oil and gas from Venezuela.

He also urged the Federal Reserve to lower interest rates after the U.S.central bank last week kept them unchanged.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSaudi ArabiaUkraineVenezuela

Topics: /Business/ Brent Commodities Gas Crude WTI Opec LNG Oil

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 08:26:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 587 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27304712

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 14 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 27 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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