Reported about 10 hours ago
As the February 1 tariff deadline approaches, discussions have intensified around oil as a potential sticking point in Trump's tariff plans. The president has hinted at possible issues regarding Canadian oil, which is vital to U.S. energy needs, creating uncertainty in markets. Experts warn that including oil in tariffs could destabilize both the U.S. and Canada, which exported over $160 billion in petroleum to the U.S. in 2022. The situation remains tense as the impacts on energy markets hang in the balance while Trump deliberates on his next steps.
Source: YAHOO