Oil & Gas
The price of oil continues to rise on fears about supply and trade wars.
The price of oil rose slightly on Tuesday, after U.S. president Donald Trump threatened to impose secondary duties on Russian crude as well as attack Iran. However, concerns about the impact of trade wars on global economic growth limited gains. Brent futures rose by 16 cents or 0.2% to $74.93 a bar at 0330 GMT. U.S. West Texas intermediate crude futures climbed by 13 cents or 0.2% to $71.61. A day earlier, the contracts had settled at a five-week high. Market participants are pricing in the risk of tighter oil supply due to U.S. threats to impose secondary tariffs on...