- Published at
- by bangkokpost.com
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Tariff measures weigh on oil and global growth
The average price of ICE Brent crude oil in Q1/ 2025 was US$74.97/BBL, slightly higher than $74.01/BBL in the fourth quarter of 2024. The increase followed US sanctions imposed on major Russian energy companies such as Gazprom Neft and Surgutneftegas, as well as 183 oil tankers involved in Russia's