Trump's New Tariffs Boost Oil Prices Despite Potential Demand Consequences ...Middle East

Economy by : (OILPRICE) -
Oil prices are climbing after Trump imposed new tariffs on steel and aluminum, even if they will likely be disruptive for global economic growth.- Europe’s TTF natural gas benchmark rose to €59 per MWh ($19.50 per mmBtu) this week, the highest continental futures have been since February 2023 after posting four consecutive weeks of gains in 2025. - This week’s scare has come from meteorologists as average temperatures in Northwest Europe are set to drop below 0 degrees Celsius next week, the lowest in a year, as Arctic air will…

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