Crude oil futures tick lower as uncertainty lingers over EU ban on Russian oil

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Crude oil futures were lower in mid-morning Asian trade May 24 as Hungary continues to hold up the EU’s planned embargo on Russian oil, but some support came from a weaker US dollar and tighter US gasoline inventories. At 10:39 am Singapore time (0239 GMT), the ICE July Brent futures contract was down 62 cents/b (0.55%) from the previous close…