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Posted: 2025-04-23 11:27:00 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-23 11:27:26 UTC
Verified By
Rollup News
Oil producers are reconsidering new drilling projects and cutting costs due to the impact of President Trump's trade war on oil prices and drilling expenses.
Reduced oil prices due to trade war
Increased drilling costs
Reconsideration of new drilling projects
Cost-cutting measures by oil producers
Trade war impact on oil prices
Rising drilling costs
Economic uncertainty for oil producers