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Why the oil market does not believe Trump's threats to tariff countries that buy Russian crude

1. Trump threatens tariffs on countries buying Russian oil, affecting imports. 2. India, China, and Turkey are key Russian oil importers at risk. 3. Market believes Trump's threats are bluffs, causing oil prices to dip. 4. Potential tariffs could lead to significant supply reductions. 5. Discussions between Trump and Putin may impact future sanctions.

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FAQ

Why Neutral?

Current tariff threats are seen as negotiation tactics and unlikely to materialize.

How important is it?

Market dynamics of crude oil pricing directly influence BNO; current indecision leads to short-term effects.

Why Short Term?

Immediate changes in tariff discussions may cause volatility but resolved quickly.

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