Energy demand erodes in face of global economic slowdown as trade war intensifies

S&P 500 soars 7% after Trump announces 90-day pause on tariffs, raises taxes on China

Facing a possible global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days but raised his tax rate on Chinese imports to 125%.

Low-Energy Fridays: Why are oil prices falling when they’re exempted from tariffs? - R Street Institute

This has been a busy week with trade wars and a lot of uncertainty for various commodities. Most notably for the Low-Energy Fridays audience, oil—despite being exempted from many of the tariffs—fell sharply in price, and still hasn’t fully recovered to last week’s level. The reason for this is simple: Oil investors anticipate lower oil... The post Low-Energy Fridays: Why are oil prices falling when they’re exempted from tariffs? appeared first o…

EIA slashes oil price outlook, warns of lower oil demand from tariff uncertainty

AtkinsRéalis looks to recruit autoworkers as trade war intensifies

President of company’s nuclear division says autoworkers could join the nuclear industry with minimal retraining

American Refiners To Refrain From Investing Amid Uncertainty

Reuters reports that U.S. refiners will refrain from making any substantial investments in expanding domestic crude processing or reducing reliance on Canada and Mexico, as the industry rallies around a war cry of frustration with the Trump administration

Why has Trump announced a 90-day pause on most tariffs?

After insisting almost on a daily basis that he would not change his policy, President Trump has abruptly announced a pause on reciprocal tariffs for 90 days.