Crude Prices Plunge Amid US-China Trade Tensions
US crude oil prices fell on Tuesday as tariffs on China took effect, with US West Texas Intermediate (WTI) crude down $2.03 or 2.77% to $71.13 a barrel. The move was followed by China’s retaliation with 10% tariffs on crude oil, coal, and liquefied natural gas (LNG). The US has also delayed tariffs on Mexico … Read more