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Crude Oil - Oil sinks to 3-month low as Trump tariffs spark fears of global trade war
04-03-2025 01:29
The pound held close to a six-week high against the dollar on Tuesday, trading at $1.2721, as European leaders worked to finalise a Ukraine peace proposal ahead of talks with Washington. The dollar also lost ground after US president Donald Trump confirmed that new tariffs — 25% on imports from Canada and Mexico,
Oil News: Can Crude Demand Push Prices Past $70.59 or Will Resistance Hold?
Crude oil tests key resistance at $70.59. Geopolitical risks, U.S. tariffs, and China’s demand outlook drive market uncertainty. Is an upside breakout coming?