- President Trump waived new sanctions against Russia
- Brent crude down 2% to $107.69 a barrel
Oil futures declined after President Trump waived new sanctions against Russia to improve energy supply. Middle East tensions and Strait of Hormuz restrictions may limit further declines, according to Exness strategist. Brent crude down 2% to $107.69, WTI down 1.8% to $97.25.
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