💨 Abstract

Oil prices rose for a third consecutive day on Tuesday due to sanctions on Russian and Iranian oil supplies, outweighing concerns over global economic growth due to escalating trade tariffs. The U.S. has been targeting Iranian exports and disrupting Russian oil shipments to China and India with sanctions. However, the price increase was tempered by Trump's latest trade tariffs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖