Oil set for steepest weekly losses since June on tariffs, Trump-Putin talksAugust 8, 2025 1:12 AMOil prices fell on Friday, heading for their steepest weekly losses since late June as the latest round of U.S. tariffs weighed on the economic outlook and likely upcoming Trump-Putin talks raised the prospect of an ease in sanctions on Russia. Brent crude futures were down 51 cents to $65.92 a barrel at 0630 GMT, [Read more]