Oil Prices Rebound 1% After Tariff-Induced Selloff, But Recession Fears Linger
Global oil markets experienced a modest recovery on Tuesday, with prices climbing more than 1% after a brutal selloff driven by fears that new U.S. tariffs could trigger a worldwide economic slowdown. The rebound offered temporary relief to energy investors, but analysts warned the recovery remains fragile as trade tensions between Washington and Beijing escalate. […]