💨 Abstract

Oil prices dropped on Monday, erasing last week's gains, due to lackluster Chinese economic stimulus and concerns about potential Israeli attacks on Iranian oil infrastructure. China's deflationary pressures worsened in September, with the consumer price index missing expectations and the producer price index falling at its fastest pace in six months. The U.S. will send troops to Israel with an advanced anti-missile system to bolster its air defenses.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖