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Tariffs Could Force ‘Rebalancing Away’ from U.S. for Oil Exports: Cenovus

February 25, 2025
Tariffs Could Force ‘Rebalancing Away’ from U.S. for Oil Exports: Cenovus

The introduction of U.S. tariffs next week on Canadian fossil fuels won’t affect planned spending by oil sands giant Cenovus Energy Inc., but the company says the levies may prompt a “rebalancing away from the United States” when it comes to where it ships its product.

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