Oil prices settled down on Monday by more than $1, as investors weighed new threats from U.S. President Donald Trump for sanctions on buyers of Russian oil that may affect global supplies, while still worried about Trump's tariffs.

Trump’s sanctions on Russia would be ‘extremely painful’ for US and risk global oil price spike, experts warn - Trump has threatened 100% ‘secondary tariffs’ on likes of India and China, which experts

Oil prices extended losses in evening trade as traders digest the latest U.S. inventory data and a report that President Trump is likely to fire Fed Chair Jerome Powell.

Trump appears to fall asleep during energy and innovation event Reuters

US President Donald Trump’s latest threat of 100% tariffs on Russia would risk complicating relations with two nations crucial to his economic and strategic goals: China and India.

By Anastasiia Malenko, Steve Holland and Dan Peleschuk KYIV/WASHINGTON (Reuters) -U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal,