Oil Prices Start the Week With Tariff-Fueled Jump ...Middle East

OILPRICE - Economy
Oil Prices Start the Week With Tariff-Fueled Jump
source : OILPRICE ( Middle East ) () 84
Crude oil prices began trade this week with a gain as traders digested the news of President Donald Trump announcing tariffs on all steel and aluminum imports into the United States. Trump broke the news about the new tariffs on board Air Force One on Sunday evening, pushing Brent crude up to $75.22 per barrel at the time of writing, with West Texas Intermediate trading at $71.52 per barrel. Trump said Sunday he was going to introduce a blanket tariff of 25% on all steel and aluminum coming into the United States, adding he would later in the week…

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