Making a start with the data on the ground of the US oil market, we note that last Thursday, Baker Hughes reported a reduction of active oil rigs in the US by seven. It’s notable that it’s the 10th weekly drop of the indicator’s reading,

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of U.S. tariffs, with prices reversing early losses as a tight physical market lent support.

President Trump added onto an already complex tariff picture. Here are some examples of how new levies announced Wednesday will affect countries differently: China is essentially in its own bucket.

Yeah, as we think about, you know, to the extent we're worried about tariff inflation down the road, you think as investors about potential offsets, oil, lower energy costs could be one. 00:06:00 Ali

New US tariffs and escalating global trade tensions have reshaped vessel markets in the first half of 2025, curbing investment in some sectors while accelerating strategic orders in others, according to the Half-Year Market Report by Veson Nautical.

S-Oil reported an operating loss of 21.5 billion won ($14.93 million) in the first three months of 2025, compared with a profit of 454.1 billion won a year earlier, it said in a statement on Monday.

U.S. home builders, car manufacturers, oil producers and can makers will be among the most affected. Many companies in those and other industries will likely pass on cost increases to their customers.

In this article, we study the impact of tariffs on the stock market using both the MAC3 Global Equity Model and the MAC3 US Equity Model.