Travel ban by Donald Trump causes oil price to fall
That is also being compounded by the threat of a flood of cheap supply after Saudi Arabia and the UAE said they would raise output in a standoff with Russia
12 March 2020 - 14:10
London — Oil prices fell on Thursday following surprise travel restrictions imposed by US President Donald Trump in an attempt to halt the spread of coronavirus after the World Health Organisation described the outbreak as a pandemic.
The slump in oil is being compounded by the threat of a flood of cheap supply after Saudi Arabia and United Arab Emirates said they would raise output in a standoff with Russia...
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