US tariffs and economic slowdown shake market confidence, halting three-month rally

Azernews.Az

28 February 2025 16:59 (UTC+04:00)

Akbar Novruz

Oil prices edged lower on Friday, marking their first monthly decline since November, as concerns over the U.S. economy and new tariff measures overshadowed supply risks. Uncertainty surrounding global growth and fuel demand has led to investor caution, despite geopolitical factors that could otherwise support prices. What do the market trends suggest about the future expectations? Brent crude futures for May delivery, the most active benchmark, fell by...

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