Oil Prices Drop to Lowest Level Since 2021 Amid U.S.-China Trade Tensions

Oil Prices Drop to Lowest Level Since 2021 Amid U.S.-China Trade Tensions

Oil prices plunged nearly 8% on Friday, reaching their lowest point since 2021, while copper, soybeans, and other commodities also saw declines. The downturn comes as China retaliated against U.S. President Donald Trump’s aggressive tariffs, intensifying trade tensions between the two nations.

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