💨 Abstract

Oil prices held near a one-week low on Wednesday as the market considers how U.S. President Trump's proposed tariffs could affect global economic growth and demand for energy. Brent and WTI crude benchmarks saw a fourth and fifth consecutive day of decline, respectively. The market is uncertain about Trump's sanctions and tariffs, particularly those related to Canada, Mexico, China, Europe, and Russia.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖