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Thursday January 30 2025

Is Trump’s energy policy pushing Europe closer to Azerbaijani oil?

28 January 2025 22:02 (UTC+04:00)
Is Trump’s energy policy pushing Europe closer to Azerbaijani oil?
Akbar Novruz
Akbar Novruz
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Over the past 24 hours, oil prices have declined amidst risk-off sentiment and a growing consensus that the Trump administration will prioritize tariffs over trade and foreign policy. US crude futures dropped by 2% to approximately $73 per barrel. Concerns about the Chinese artificial intelligence startup DeepSeek contributed to the decline in US stocks.

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