Oil prices steady after Trump trade tariffs spark plunge

World News: . []

Oil prices steady after Trump trade tariffs spark plungeOil prices rose around 1% on Friday, steadying after an overnight plunge following U.S. President Donald Trump's move to impose more tariffs on Chinese imports, intensifying a trade war that has hit global growth. Brent crude slumped more than 7% on Thursday, its steepest drop in more than three years. The collapse ended a fragile rally built on steady drawdowns in U.S. inventories, even as global demand looked shaky due to the trade dispute between the world's two biggest economies.


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