<ul><li>Experts warn that in an extreme scenario, oil prices could trade between $40 and $50 per barrel due to Trump's tariffs and concerns of a global slowdown.</li><li>The recent plunge in oil prices is mainly driven by US President Donald Trump's tariffs and concerns of a global slowdown.</li><li>If a trade war flares up, global oil supply increases, and there is a slowdown or recession, oil prices could fall below $50, or even $40 per barrel, say experts.</li><li>Goldman Sachs notes that in a less likely scenario with both a global GDP slowdown and a full unwinding of OPEC+ supply cuts, brent oil prices could fall to just under $40/barrel in late 2026.</li></ul>

Trump Tariff War: Oil Prices May Even Touch $40 Per Barrel In Worst Scenario, Warn Experts

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