Business Insider | A trade war is the single-biggest threat to oil demand Business Insider Robust oil demand, geopolitical tensions, plunging Venezuelan production, Libyan outages, and returning US sanctions on Iran's oil have combined to boost crude oil prices this year. Trade tensions might escalate and lead to slower economic growth, and ... Oil prices fall amid fears over global economic growth Rupee Depreciation To Raise India's Oil Bill By $26B |