Oil Prices Hit Multi-Year Lows Following Trump's Tariffs

Reported about 11 hours ago

Oil futures fell to their lowest levels in years due to President Trump's recent tariffs on goods from Canada, Mexico, and China, raising fears of inflation and reduced demand. Additionally, OPEC+'s announcement to increase production in April further pressured prices. As a result, West Texas Intermediate crude dropped approximately 4%, with major U.S. oil companies also seeing declines.

Source: YAHOO

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