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Canada could restrict oil exports to US if trade war escalates: energy minister

https://www.youtube.com/channel/UChLtXXpo4Ge1ReTEboVvTDg https://ift.tt/dF1UYX8 Canada may consider non-tariff measures, such as restricting oil exports or levying export duties on products, if its trade dispute with the U.S. worsens, Energy Minister Jonathan Wilkinson warned on Tuesday. As the U.S. ramped up tariffs on Canadian steel and aluminum, Wilkinson emphasized that Canada, the top supplier of oil to the U.S., holds leverage in the energy sector. "Everything is on the table," Wilkinson said, adding that while oil exports are difficult to displace, the U.S. refineries' reliance on Canadian heavy crude presents a challenge for retaliation. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #GlobalNews
Canada could restrict oil exports to US if trade war escalates: energy minister Canada could restrict oil exports to US if trade war escalates: energy minister Reviewed by Vishal Deshpande on March 12, 2025 Rating: 5

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