Oil slips to 4-year low on Opec supply hit

Crude prices, already under pressure from Trump's tariffs and an anticipated increase in Opec+ production in May, plummeted by 8 percent on Friday, heading towards their lowest close since the peak of the Covid-19 pandemic in 2021.

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China announced it will impose additional tariffs of 34 percent on all US goods from April 10. Nations around the world have readied retaliation after Trump raised tariff barriers to their highest in more than a century, leading to a plunge in world financial markets. Brent futures dived $5.55, or 7.9 perce