EconomyOil Rally Fuels Inflation Fears as Canada’s US Tariffs Take Effect

Global stocks slide and US equity futures waver as Brent crude nears $100 a barrel, intensifying inflation concerns. Saudi Arabia halts some energy operations after attacks, while Canada’s retaliatory tariffs of up to 50% on US goods take effect. ASML also secures commitments from TSMC and Samsung to use its latest chipmaking equipment.