Oil Prices Sink After Trump Ousts John Bolton

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Oil Prices Sink After Trump Ousts John Bolton
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U.S. oil prices fell by about a $1 a barrel when President Trump announced that national security adviser John Bolton had resigned—anticipating of an eventual loosening of sanctions against Iran and Venezuela

U.S. oil prices fell by about a $1 a barrel Tuesday when President Trump announced via Twitter that he had asked for and accepted the resignation of National Security Adviser John Bolton.

Oil prices bounced back some, but still ended lower on a day in which they started out trading up. Crude settled down 45 cents, or 0.8%, at $57.40 a barrel on the New York Mercantile Exchange on Tuesday. Brent crude, the global oil price benchmark, followed a similar trajectory, losing 0.3% to end at $62.38 a barrel on London’s ICE Futures...

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