Goldman Sachs cautions that oil prices could dip below $40 per barrel in extreme scenarios amid ongoing trade tensions.

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How the oil price plunge complicates Saudi Arabia's economic agenda

Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ambitious agenda ...

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From oil to Bitcoin: How Trump’s ‘Liberation Day’ shook the world in four charts

Dubbed ‘Liberation Day’ by the US president, all nations were included in the sweeping measures – with the UK hit by a 10 per cent tariff on all exports to the United States as Trump pledged America ...

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Oil prices climb 1% after heavy US tariff-driven selloff

Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that U.S. tariffs might depress demand and lead to a global recession.

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Trump boasted that ‘oil prices are down.’ But his former economic adviser says that could spell doom

President’s former economic adviser Stephen Moore said that he’s ‘worried’ that the declining energy prices could mean investors think demand will drop due to the tariffs ...

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