İf

Crude oil prices climbed on Monday amid US President Donald Trump’s threats to impose 25% to 50% tariffs on Russia’s oil. However, economic concerns may outweigh geopolitical tensions, as a weakening economic outlook could dampen oil demand. Investors will also be closely watching the OPEC+ meeting.

A transatlantic trade war could be on the way. The European Commission has responded with similar measures, targeting various US products. But what will this mean for ordinary Europeans?