U.S. WTI CRUDE OIL FUTURES HIT HIGHEST SINCE MARCH 9 AT $108.03/BBL AFTER TRUMP SPEECH GAVE NO DETAIL ON REOPENING OF STRAIT OF HORMUZ

The US trade deficit rose 4.9% to $57.3 billion in February, below expectations, as both exports and imports increased, Commerce Department data showed. Exports climbed 4.2% on gold and natural gas, while imports rose 4.3%, led by computers, semiconductors and autos, with goods imports near a one-year high. Shifts reflect tariff policy volatility under Donald Trump, with rates recently lowered after a court ruling. AI-driven demand for imported chips continues to support imports.

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