Trump Tariff Comments Trigger Oil Price Decline

Crude futures fell over 2% Thursday as traders reacted to fresh tariff threats from U.S. President Donald Trump, raising alarms over future oil demand in key growth markets. At 12:19 p.m. ET, Brent crude was trading down 1.80%, at $68.93 per barrel, while WTI dropped to $66.97, shedding 2.06% on the day. In comments made Wednesday evening, Trump warned of a broadening tariff regime targeting Chinese imports, citing ongoing imbalances and Beijing’s trade practices. While no specific measures were announced, the tone of escalation rattled energy…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com