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Goldman Sachs cautions that oil prices could dip below $40 per barrel in extreme scenarios amid ongoing trade tensions.
Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ambitious agenda ...
Dubbed ‘Liberation Day’ by the US president, all nations were included in the sweeping measures – with the UK hit by a 10 per cent tariff on all exports to the United States as Trump pledged America ...
Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that U.S. tariffs might depress demand and lead to a global recession.
President’s former economic adviser Stephen Moore said that he’s ‘worried’ that the declining energy prices could mean investors think demand will drop due to the tariffs ...