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Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases

Upworthy Thursday, 6 March 2025 ()
Oil prices swooned on Wednesday as economic uncertainty rippled through global markets, a reaction to President Trump’s tariffs on Canada, China and Mexico and a decision by members of the OPEC Plus oil cartel to begin increasing crude production in April. Since last year, OPEC Plus has signaled…
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Video Credit: Oneindia - Published
News video: Breaking: Trudeau Punishes U.S For Trump's Tariff War, Economic Collapse of Canada and U.S Soon?

Breaking: Trudeau Punishes U.S For Trump's Tariff War, Economic Collapse of Canada and U.S Soon? 03:16

 Just hours after former U.S. President Donald Trump imposed a 10% tariff on Canadian energy imports and 25% on all other goods, Ottawa responded with immediate 25% tariffs on C$30 billion worth of U.S. imports, including cosmetics, appliances, tires, fruit, and wine. Canada also warned it would...

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