Market

Canada’s 25% Tariffs on US Automobile Imports Take Effect

Ottawa: The Canadian government announced the implementation of new customs measures starting Wednesday, including a 25% tariff on imported vehicles of certain US brands, in response to a similar move by the administration of US President Donald Trump…

Oman Oil Price Drops by $3.22

Muscat: The official price of Omani crude oil for June delivery reached $61.86 per barrel on Wednesday. The price of Omani oil decreased by $3.22 compared to Tuesday’s price of $65.08.

According to Qatar News Agency, the monthly average price of Oma…

Oil Prices Plummet as US Imposes Steep Tariffs on China

New York: Oil prices experienced a significant decline, dropping to their lowest levels in over four years during early trade on Wednesday. This decrease is attributed to growing concerns about demand, fueled by an escalating tariff war between the Un…