Oil aims for 3-day winning streak as traders weigh impact of tariffs and sanctions

Oil futures headed higher for a third straight session on Tuesday, with U.S. prices poised to settle at their highest in two weeks, as traders weighed the supply and demand impacts of President Donald’s Trump’s tariff strategy and sanctions on Iran and Russia.

Feb 11, 2025 - 16:39
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Oil aims for 3-day winning streak as traders weigh impact of tariffs and sanctions
Oil futures headed higher for a third straight session on Tuesday, with U.S. prices poised to settle at their highest in two weeks, as traders weighed the supply and demand impacts of President Donald’s Trump’s tariff strategy and sanctions on Iran and Russia.