World at War After Trump Tariffs: Oil Prices Crash to 4 Year Low | Brent Sinks Below $64

Video Credit: Oneindia
Published 2 weeks ago - Duration: 03:15s

World at War After Trump Tariffs: Oil Prices Crash to 4 Year Low | Brent Sinks Below $64

Oil prices have plunged to a four-year low, with Brent crude falling below $64 per barrel amid intensifying US-China trade tensions.

The collapse follows Trump’s sweeping tariff move and China’s retaliatory duties, stoking fears of a global recession.

Experts warn that unless political tensions ease, oil could spiral further.

West Texas Intermediate also dropped below $60, and OPEC’s surprise production boost only added to the market’s volatility.

As energy markets wobble, global investors brace for more economic shocks triggered by deepening geopolitical rifts and uncertain trade dynamics.

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West Texas Intermediate

Grade of crude oil used as a benchmark in oil pricing

OPEC

International petroleum organization

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