Trump’s tariff maneuvers are buffeting key oil trades
5 March 2025
Time to read: minutes
While that move partly reflects a change in the type of fuel used in warmer months, there’s also been a sharp widening between gasoline prices on either side of the Atlantic in response to Trump’s Tariffs, Sparta Commodities said on Tuesday.
Bloomberg, March 5, 2025 – Trump’s tariffs on Canadian (10%) and Mexican (25%) oil imports sparked market volatility, reshaping global trade flows. Sparta Commodities highlighted a “sharp widening between gasoline prices on either side of the Atlantic,” underscoring the tariffs’ disruptive effect on U.S. and European fuel markets.
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