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Crude oil hits four-year low post-Trump tariffs, likely lowering gas prices by 15 cents.
Crude oil prices hit a four-year low after President Trump announced tariffs on U.S. trading partners, sparking fears of a global recession.
This drop is expected to lower gasoline prices by about 15 cents per gallon over the coming weeks, as crude oil makes up over half of the cost at the pump.
However, market volatility continues due to ongoing trade tensions, with Goldman Sachs warning that oil prices could fall below $40 per barrel if the global economy slows down significantly.
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El petróleo crudo alcanza los bajos aranceles de cuatro años después de Trump, probablemente bajando los precios del gas en 15 centavos.