Categories Selected Articles Oil inches up as US-China tariff truce extension boosts trade hopes Post author By Mike Nova Post date August 12, 2025 Oil prices rose on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies and crimp fuel demand in the world’s two largest oil consumers. ← UK employers cut back on bonuses and hiring as economic slowdown hits jobs market → Middle East crisis live: Israel continues attacks on Gaza despite global outcry over the killing of six journalists