Oil surges to $100 per barrel and Trump imposes new tariffs
Oil prices surged to $100 per barrel following attacks on Saudi tankers by Iran-backed Houthi rebels in the Red Sea, raising concerns about supply disruptions. Simultaneously, President Trump implemented a new round of tariffs to replace expiring trade measures, potentially adding inflationary pressure to the economy.
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Oil surges to $100 per barrel. And, Trump imposes a new round of tariffs
Oil prices surged to $100 per barrel following attacks on Saudi tankers by Iran-backed Houthi rebels in the Red Sea, raising concerns about supply disruptions. Simultaneously, President Trump implemented a new round of tariffs to replace expiring trade measures, potentially adding inflationary pressure to the economy.
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