💨 Abstract

Oil prices remained high on Tuesday due to Middle East instability and potential supply disruptions, with the risk of Iranian supply declines if the US acts against Iran or the Houthis attack other Arab producers. China's economic stimulus plans could boost fuel demand. Prices were capped as the market awaited news from talks between US and Russian leaders over a possible Ukraine ceasefire, which could ease sanctions on Russian fuel exports. Brent rose 0.4%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖