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Brent for September settlement rose 0.6% to $69.03 a barrel as of 3:00 p.m. in Singapore after dropping 2.2% on Thursday.
The U.S. president has threatened a 10 percent tariff on any country aligned with the BRICS bloc, a potential blow to Russia.
President Trump and Congress are threatening harsh sanctions against Moscow for its three-year war in Ukraine.
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