Nytimes iconNytimesJul 25, 2026

A Global Economy Jolted by an Oil Shock Now Gets a Tariff Reminder

Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.

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Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.

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Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.

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