How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries
Posted inBP Plc Canada Customs (Tariff) Factories and Manufacturing Indiana International Trade and World Market Marathon Petroleum Corporation Mexico Natural Gas Oil (Petroleum) and Gasoline Presidential Election of 2024 Prices (Fares, Fees and Rates) Production Protectionism (Trade) Refineries Shortages Trump, Donald J United States United States Politics and Government

How Trump’s Canadian Oil Tariff Would Hit U.S. Refineries

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.
Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices
Posted inCanada Chevron Corporation Customs (Tariff) Exxon Mobil Corp International Trade and World Market Mexico Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Protectionism (Trade) Refineries Trump, Donald J United States United States International Relations Valero Energy Corporation

Trump Tariffs Could Hurt Oil Companies and Increase Gas Prices

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico.
Fears of a Global Oil Shock if the Mideast Crisis Intensifies
Posted inAlternative and Renewable Energy Biden, Joseph R Jr China Developing Countries Economic Conditions and Trends Europe International Relations International Trade and World Market Iran Israel Middle East Oil (Petroleum) and Gasoline Putin, Vladimir V Refineries Russia Russian Invasion of Ukraine (2022) United States Economy United States International Relations War and Armed Conflicts

Fears of a Global Oil Shock if the Mideast Crisis Intensifies

The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.