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Bloomberg

Oil Rally Fuels Inflation Fears; Canada's US Tariffs Kick In

Tuesday, September 8, 2026


Brent crude oil traded near $100 per barrel on the day Canadian retaliatory tariffs of up to 50% on US goods took effect. Saudi Arabia halted some energy operations following attacks. ASML announced commitments from TSMC and Samsung to use its latest chip production equipment.

Original reporting: https://www.bloomberg.com/news/videos/2026-09-08/bloomberg-brief-09-08-2026-video

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