Oil Declines on Fear Trade War Will Weaken Global Energy Demand

From Yahoo Finance: 2025-04-21 15:00:00

Oil prices fell by 2.5% as President Trump criticized Jerome Powell, causing market instability. Growing US-China trade tensions threaten global energy demand. Dollar fell to lowest since 2023, US stock futures dropped. Iran-US talks on nuclear program may impact crude supplies. Oil prices at four-year low due to tariff fears and OPEC+ production increase.



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