A Global Economy Jolted by an Oil Shock Now Gets a Tariff Reminder

Global markets face a dual economic challenge as tariff policies resurface alongside geopolitical tensions in the Middle East. With crude oil surging toward the $100 barrel threshold, economies worldwide confront inflationary pressures from both trade barriers and energy costs. This intersection of protectionist measures and supply-side shocks creates unprecedented uncertainty for international commerce, manufacturing sectors, and consumer prices across developed and emerging markets.

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