DOLLAR LEADS OIL TO HEAVY LOSSES OF MORE THAN 2% UNDER PRESSURE FROM TRUMP

DOLLAR LEADS OIL TO HEAVY LOSSES OF MORE THAN 2% UNDER PRESSURE FROM TRUMP
DOLLAR LEADS OIL TO HEAVY LOSSES OF MORE THAN 2% UNDER PRESSURE FROM TRUMP

Oil prices dropped by more than 2% on Tuesday.

Investors are reacting to US President Trump's decision to delay new tariffs.

Trump is also increasing oil and gas production in the US.

This has put pressure on oil prices, causing them to fall.