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Oil Holds Steady as Market Prepares to Panic over ‘Liberation Day’

Summary by Oil Price
Oil prices were largely holding steady Wednesday afternoon, waiting for the other shoe to drop on the prospect of a failed nuclear deal with Iran that could lead to military conflict, and as the Trump administration gears up to make a big market-rattling tariff announcement in the afternoon. At 2:47 p.m. ET on Wednesday, Brent crude was trading up 0.66%, at $74.98, while the U.S. crude benchmark, West Texas Intermediate (WTI), was trading up 0.8…

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Business Times broke the news in on Tuesday, April 1, 2025.
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