Morning News: Oil edges up after Trump steps backs from tariff threats over Greenland – By Shajar Research
- Oil prices edged up on Thursday after the U.S. president stepped back from threats to impose tariffs in his effort to seize Greenland, reducing the risk of a U.S.–Europe trade war and supporting the global economy and oil demand. (Reuters)
- Equities rallied and precious metals fell after US President Donald Trump abandoned his tariff threat against Europe, easing trade-war concerns. (Bloomberg)