Oil Futures Plunge Amid Trade War Concerns and Volatility
Oil prices plummeted as investors reacted to shifting US trade policy, with West Texas Intermediate falling 3.7% near $60 a barrel. The move followed a brief relief rally on Wednesday, despite President Trump’s surprise announcement of a 90-day tariff halt on dozens of nations. However, the president also raised duties on China to 145%, exacerbating … Read more