💨 Abstract

Oil prices fell 3% in early Asian trade on Tuesday due to Israel's reported willingness not to target Iranian oil assets and OPEC's downgraded global oil demand growth forecast for 2024 and 2025. Brent crude dropped to $75.19 per barrel, while WTI fell to $71.60 per barrel. This decline followed a 2% drop on Monday.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖