Posted inCanada China Customs (Tariff) Embargoes and Sanctions International Relations International Trade and World Market Iran Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Production Protectionism (Trade) Saudi Arabia Trump, Donald J United States United States Economy
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.