South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Allows Commercial Fishing in Protected New England Waters 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Pentagon Ends Military Education Programs With Harvard University 
Oil prices eased in Asian trading on Tuesday as President Donald Trump announced measures to boost U.S. energy production and delayed new tariffs. Brent crude futures slipped 0.14% to $80.04 per barrel, while West Texas Intermediate (WTI) crude for March fell $0.67 to $76.72. The February WTI contract expires Tuesday, with no U.S. market settlement on Jan. 20 due to a holiday.
Trump revealed a plan to expedite oil, gas, and power permitting, aiming to maximize U.S. energy output. He also postponed a potential 25% tariff on imports from Canada and Mexico until Feb. 1. This delay eased immediate price pressures, but future tariffs on Canadian crude could increase market volatility. Canadian oil exports, primarily sold to the U.S. at a discount to WTI, face potential cost hikes under U.S. sanctions, according to Commonwealth Bank analyst Vivek Dhar.
Additionally, Trump stated the U.S. might halt oil purchases from Venezuela, its second-largest supplier after China. This could further disrupt global supply chains. Meanwhile, his promise to refill strategic reserves may bolster demand for U.S. crude, supporting prices in the long term.
While new trade measures were not implemented immediately, Trump directed federal agencies to investigate unfair practices by trading partners. These developments add uncertainty to the global oil market as traders assess the impact of potential policy changes.
The shifting dynamics underscore the complex interplay of energy production, international trade, and geopolitical considerations influencing oil prices.
