💨 Abstract

Oil prices climbed 2% to a five-week high on Monday due to concerns over potential supply declines if the U.S. imposes tariffs on Russia and attacks Iran. Brent futures hit $74.75, while U.S. West Texas Intermediate crude rose to $71.48, with Brent on track for its highest close since February 24 and WTI since February 21.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖