with traders on edge despite the U.S. pulling back from initial sanctions threats against Colombia, reducing immediate concern over oil supply disruptions. Brent crude futures fell 36 cents ...
Oil falls as Trump's Colombia sanctions threat reversed Updated / Monday, 27 Jan 2025 13:39 Brent crude futures fell 60 cents, or 0.8%, to $77.90 a barrel by 1300 GMT.
Colombian President Gustavo Petro ordered his country's state-run oil company ... goods from Colombia, a travel ban on Colombian government officials and other steep financial sanctions.
SINGAPORE (Reuters): Oil prices wavered on Monday after ... swiftly reversed plans to impose sanctions and tariffs on Colombia after the South American nation agreed to accept deported migrants ...
According to the US Treasury, the sanctioned tankers move crude oil valued at hundreds of millions of dollars.
The biggest US imports from Colombia that year were crude oil, gold, coffee ... Guzman added that financial sanctions could be economically crippling. Alejo Czerwonko, chief investment officer ...