Oil prices rise amid US tariff threat but still set for weekly loss

1. Oil prices are influenced by potential U.S. tariffs on Mexico and Canada. 2. Tariffs could directly impact crude supply and pricing dynamics.

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Tariffs on major oil suppliers may restrict supply, driving prices up.

Current developments in oil pricing are crucial for BNO's performance.

Immediate effects may occur if tariffs are enacted soon, impacting prices quickly.