Oil Rises as Trump’s Tariffs Raise Supply Fears
Oil prices surged following President Trump’s announcement of tariffs on major trading partners, sparking concerns over supply disruptions. Brent crude rose 1.3% to $76.64 per barrel, and WTI increased 2.3% to $74.20. Starting Tuesday, the U.S. will impose a 25% tariff on imports from Canada and Mexico, including a 10% levy on energy products from Canada and China. The U.S. imports around 4 million barrels … Continue reading Oil Rises as Trump’s Tariffs Raise Supply Fears
