Oil gains as US-China tariff pause extension boosts trade hopes

Oil prices experienced a rise following the United States and China's decision to extend a pause on higher tariffs, alleviating concerns about a potential trade war escalation that could negatively impact economic growth and reduce fuel demand.

Aug 13, 2025 - 04:30
 0
Oil gains as US-China tariff pause extension boosts trade hopes
Oil prices experienced a rise following the United States and China's decision to extend a pause on higher tariffs, alleviating concerns about a potential trade war escalation that could negatively impact economic growth and reduce fuel demand.

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