Oil slips as Trump’s sanctions waiver may increase Russian fuel supplies
Brent crude fell $1.06, or 0.96%, to $108.80 a barrel by 2214 GMT after settling at its highest since May 19. Trump waived sanctions and tariffs on Russia, which may lead to more Russian fuel exports.
Oil prices slipped in early Asian trade on Monday after US President Donald Trump waived sanctions and tariffs on Russia that may lead to more Russian fuel exports.Brent crude futures ICEEUR:BRN1! fell $1.06, or 0.96%, to $108.80 a barrel by 2214 GMT after settling at its highest since May 19 on Fr…