Oil prices fall as Trump escalates trade war with China


OIL prices fell around 1% on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he announced a 90-day pause on tariffs aimed at other countries.

Brent futures fell 73 cents, 1.1%, to $64.73 a barrel by 01:08 a.m. GMT, while U.S. West Texas Intermediate crude futures lost 49 cents, or 0.8%, to $61.86.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Oil , Brent , WTI , gas , LNG , crude , Opec

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read