Tariff war between the US and China, a big increase in oil prices in the global market

New York (a2zgenius.blogspot.com) After the US imposed new sanctions on China, there has been a fear of oil supply being affected in the global market, due to which oil prices have increased significantly.

According to foreign media, crude oil prices in the global market increased by more than three percent. The price of American crude oil has increased by two dollars to reach $ 64.45 per barrel. Similarly, the price of British crude oil has also increased by two dollars and is being sold at $ 67.85 per barrel.

According to experts, if the sanctions continue and there are further disruptions in supply, prices may increase further in the future.