Daily Oil Fundamentals
Begone, You Confidence Draining Grind!
01 Sep 2025Begone, You Confidence Draining Grind!
All markets have been given another layer of intrigue as Donald Trump, for the moment, seems to have suffered a defeat as the federal appeals court ruled on Friday that the US President had overstepped his authority when applying tariffs under the guise of their being a ‘national emergency’. The judges in the court ruled the levies were “unbounded in scope, amount and duration” and that such decisions were the remit of Congress.