Oil prices slide as U.S.-China trade war escalates

LONDON (Reuters) - Oil prices fell sharply on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the world's two largest economies.Brent crude futures , the international benchmark for oil prices, fell $1.19 to $58.73 a barrel by 1250 GMT.U.S. West Texas Intermediate (WTI) crude futures slid by $1.62 to $53.74."Policymakers and investors remain cognizant of the economic headwinds..