
WagmiGoats Insights (WGi) 📊
February 4, 2025 at 07:54 PM
*🛢️ OIL PRICES DIP AS TRUMP PAUSES TARIFFS ON MEXICO, CANADA*
Oil prices edged lower on Tuesday after *President Donald Trump* announced a temporary halt on tariffs targeting Mexico and Canada the U.S.’s top foreign oil suppliers. The move eased immediate supply concerns, pressuring crude prices.
*🔹 Market Reaction:*
📉 WTI Crude: Down 1.3%
📉 Brent Crude: Down 1.1%
⚖️ Traders eye potential long-term impact on demand
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