Trump's New Tariffs Boost Oil Prices Despite Potential Demand Consequences
Tuesday, 11 February 2025 () Oil prices are climbing after Trump imposed new tariffs on steel and aluminum, even if they will likely be disruptive for global economic growth.- Europe’s TTF natural gas benchmark rose to €59 per MWh ($19.50 per mmBtu) this week, the highest continental futures have been since February 2023 after posting four consecutive weeks of gains in 2025. - This week’s scare has come from meteorologists as average temperatures in Northwest Europe are set to drop below 0 degrees Celsius next week, the lowest in a year, as Arctic air will…
In a major escalation of his trade policy, President Donald Trump has announced that the United States will impose a sweeping 25% tariff on all steel and aluminum imports, with additional metal duties expected later this week. Speaking aboard Air Force One, Trump also revealed plans for reciprocal...
Donald Trump has warned of severe consequences if Hamas fails to release hostages by Saturday, stating, "All Hell is going to break out." He also suggested the US should "own" Gaza, calling it a..
Donald Trump has made history as the first sitting U.S. president to attend the Super Bowl, drawing loud cheers from the audience at the Caesars Superdome in New Orleans. Meanwhile, pop star Taylor..
North Korean leader Kim Jong Un has launched a fiery attack on the U.S., accusing Washington of deliberately prolonging the Ukraine conflict to weaken Russia. Speaking at a defense ministry meeting,..
Tuesday, 11 February 2025 ()
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