India, March 10 -- Oil prices held steady on Monday after falling to more than three-year lows last week on concerns over a global trade war and its potential impact on economic growth and fuel demand.
Benchmark Brent crude futures edged up by 0.2 percent to $70.50 a barrel in European trade, while WTI crude futures were up 0.2 percent at $67.17.
Investors eyed potential disruptions to the commodity's supply chain after U.S. President Donald Trump warned of imposing sweeping banking sanctions and tariffs on Russia until there is a ceasefire and peace agreement.
"Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large-scale banking sanctions, sanctions, and tariffs on Ru...