The Price of Chaos: $100 Oil and the Tariff Tango The recent attack on Saudi oil tankers by Iran backed Houthi rebels has pushed crude prices to a four year high of $100 per barrel.
Meanwhile, President Trump has imposed new tariffs on Chinese goods, sparking fears of an escalating trade war.
At first glance, these developments appear unrelated, but they are intertwined in a complex web of geopolitics and economic interdependence.