Washington: Markets worldwide fluctuated on Tuesday as investors braced for US President Donald Trump’s sweeping “Liberation Day” tariff announcements, hoping they would free businesses from the trade-policy uncertainty that has weighed on markets for weeks. President Trump is set to unveil “reciprocal tariffs”, aligning US duties…
Tag: Oil prices
Oil Prices Remain Steady As Investors Weigh Trump Tariffs’ Impact
tokyo: Oil prices barely moved on Tuesday as investors weighed the impact of US tariffs on countries buying oil and gas from Venezuela against the effect of tariffs on industries such as automobiles on the global economy and oil demand. Brent crude futures were up 1…
Drill, Baby, Drill: Will Trump’s ‘Emergency’ Plan To Make Oil Cheap Work?
US President Donald Trump, on the very first day of assuming office, laid out a sweeping plan to maximise oil and gas production, including declaring a national energy emergency to speed the permitting of projects, rolling back environmental protections, suspending new federal offshore wind leasing proposals…