![Oil prices hit lows not seen since 2021 amid U.S.-China tariff war and rising supply, sparking global demand concerns. [Image via Reuters/File]](https://southasiatimes.org/wp-content/uploads/2025/04/IIKDKDBR4JIZHA2HPEB2XXDM2I.webp "IIKDKDBR4JIZHA2HPEB2XXDM2I")
Oil Prices Plunge Nearly 4% as U.S. Imposes 104% Tariffs on China
News Desk
April 9, 2025
Oil prices hit lows not seen since 2021 amid U.S.-China tariff war and rising supply, sparking global demand concerns.
Oil prices hit lows not seen since 2021 amid U.S.-China tariff war and rising supply, sparking global demand concerns.
![Over 50 nations seek trade talks after US tariffs trigger global market turmoil, raising fears of an economic downturn. [Image via Reuters/File]](https://southasiatimes.org/wp-content/uploads/2025/04/2025-04-02T220848Z_1318720247_RC2XPDAWF1A8_RTRMADP_3_USA-TRUMP-TARIFFS-GLOBAL-1743665583.webp "2025-04-02T220848Z_1318720247_RC2XPDAWF1A8_RTRMADP_3_USA-TRUMP-TARIFFS-GLOBAL-1743665583")
Over 50 nations seek trade talks after US tariffs trigger global market turmoil, raising fears of an economic downturn.
![Global stocks plunge as new tariffs by Trump spark fears of inflation, stalled growth, and global trade tensions. [Image via BBC]](https://southasiatimes.org/wp-content/uploads/2025/04/p0l29v8r.webp "p0l29v8r")
Global stocks plunge as new tariffs by Trump spark fears of inflation, stalled growth, and global trade tensions.
![Coca-Cola's plastic waste may hit 602m kg yearly by 2030. Oceana urges a shift to reusable packaging to cut pollution. [Photograph: Maria Mendiola/Surfers Against Sewage/PA]](https://southasiatimes.org/wp-content/uploads/2025/03/35001-1600x960.webp "35001")
Coca-Cola’s plastic waste may hit 602m kg yearly by 2030. Oceana urges a shift to reusable packaging to cut pollution.
Global leaders mark the International Day to Combat Islamophobia, urging action against rising anti-Muslim hate and bias.
![Pakistan ranks 7th among the world's most powerful air forces in 2024, operating 1,434 fighter jets, helicopters, and support aircraft. [Representational Image via The Express Tribune]](https://southasiatimes.org/wp-content/uploads/2025/01/paf1738001045-0.webp "paf1738001045-0")
Pakistan ranks 7th among the world’s most powerful air forces in 2024, operating 1,434 fighter jets, helicopters, and support aircraft.
دورِ نبوی میں مساجد کا کردار نہ صرف عبادت بلکہ سیاسی، سماجی اور روحانی معاملات کا مرکز بھی تھا۔ آج کی مساجد میں اس اہمیت کا فقدان کیوں ہے؟
![Pakistan commits to the UN Charter as a non-permanent Security Council member, focusing on Kashmir, reforms, and global conflicts. [Image via Reuters]](https://southasiatimes.org/wp-content/uploads/2025/01/1268141_2234692_UNSC3_akhbar.webp "1268141_2234692_UNSC3_akhbar")
Pakistan commits to the UN Charter as a non-permanent Security Council member, focusing on Kashmir, reforms, and global conflicts.
![Fitna Al-Khawarij isn't just history—it’s happening now. Afghan Taliban's tacit support of TTP reignits violent extremism and threatens global peace. [Image via SAT Creatives]](https://southasiatimes.org/wp-content/uploads/2025/01/SAT-Web-Banners-35-1600x917.webp "SAT Web Banners (35)")
Fitna Al-Khawarij isn’t just history—it’s happening now. Afghan Taliban’s tacit support of TTP reignits violent extremism and threatens global peace.
![2024, in retrospect, leaves behind a complex legacy—Bangladesh, India, Pakistan, and Afghanistan marked by turmoil and mixed outcomes in politics, security, and democracy. [Image via SAT Creatives]](https://southasiatimes.org/wp-content/uploads/2024/12/SAT-Web-Banners-30-1600x917.webp "SAT Web Banners (30)")
2024, in retrospect, leaves behind a complex legacy—Bangladesh, India, Pakistan, and Afghanistan marked by turmoil and mixed outcomes in politics, security, and democracy.