Oil prices under pressure from US-China trade dispute, market remains tense

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    Oil prices under pressure from US-China trade dispute, market remains tense

    Crude Oil
    Oil prices were under pressure on Tuesday from concerns the escalating Sino-U.S. trade dispute could slow the global economy, while U.S. sanctions on crude exporters Iran and Venezuela helped keep the market on edge.

    One is a concern that global economic growth is threatened by the intensifying trade dispute between the United States and China.

    Talks between the world’s two biggest economies hit a wall over the weekend when U.S. President Donald Trump announced a raft of new import tariffs on Chinese goods.

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