Oil continues to slide, falling 2% amid fresh tariff threats from Trump targeting China.
Oil prices dropped sharply on Monday during a volatile trading session, as President Trump threatened to impose additional tariffs on China—rattling markets and dragging down stocks. West Texas Intermediate (CL=F) futures briefly dipped below $60 per barrel for the first time since 2021, before recovering slightly to close at $60.70. Brent crude (BZ=F), the global…