Crude oil prices fall to a year-low as US-China trade war intensifies
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Euronews.com
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Crude oil prices have dropped to their lowest levels since December 2024 due to concerns over a slowdown in global economic growth and weakening demand in China. The US-China trade war has intensified, with China imposing tariffs on US oil and other goods. US crude inventories have risen significantly, indicating weakened demand. Political factors, including US tariffs and geopolitical tensions in the Middle East, continue to impact the oil market. Teljes cikk (Euronews.com)