Oil Prices Inch Higher as Trump’s Trade Threats Counter Oversupply Fears
Wednesday, 6 August 2025 () Oil prices were moving higher again early on Wednesday morning, recovering from oversupply fears that had driven them to five-month lows. The most recent rebound was driven by Trump’s escalating trade offensive against India over its continued imports of Russian crude. At the time of writing, Brent crude futures had risen to $68.10 per barrel and WTI had climbed to $65.59. This modest rebound highlights the uncertainty of markets over whether Trump will follow through on his threats of further tariffs and if those tariffs would have a tangible…
As Trump threatens a steep tariff hike on Indian goods over its oil trade with Russia, India's NSA Ajit Doval arrives in Moscow for urgent talks. His visit underscores India’s resolve to deepen strategic ties with Russia amid rising U.S. pressure. Doval is set to discuss defence cooperation,...
Just a day after Trump’s harsh new tariffs on India, NSA Ajit Doval met Russian President Vladimir Putin in Moscow to reaffirm and expand the India–Russia strategic partnership. With U.S. pressure..
The India US Tariffs issue is grabbing global attention. With Trump imposing an additional 25% tariff on Indian goods, raising the total to 50%, serious questions are being raised. Why is India being..
In a stunning shift, Ukrainian President Volodymyr Zelensky has signaled readiness for peace talks with Russia, saying “it’s time to end the war.” His call for a “dignified peace” comes amid..
Wednesday, 6 August 2025 ()
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