U.S. Refiners’ Stocks Crash as Trump Tariffs Ignite Demand Panic

New Trade War Threatens Fuel Sector with Unprecedented Losses U.S. refiners’ stock prices have plummeted to their lowest levels in nearly two years, triggered by President Donald Trump’s announcement of sweeping new tariffs that have sent shockwaves through the global oil market. Investors are reeling from fears of shrinking fuel demand, collapsing refining margins, and an escalating trade war that could cripple the energy sector and the broader economy. Major players like Marathon Petroleum, Valero Energy, and Phillips 66 have seen their market values erode by over $20 billion in just days, as crude oil prices hit a three-year low and global trade tensions intensify. This article dives deep into the cascading effects of these tariffs, exploring their impact on U.S. refiners, global oil demand, and the future of the refining industry. U.S. Refiners Suffer Massive Market Value Losses Amid Tariff Fallout The announcement of new tariffs by President Trump has unleashed a torrent of...