💨 Abstract
Oil prices dropped in Asia on Monday due to the potential resumption of Kurdistan's oil exports and the anticipation of talks to end Russia's war on Ukraine. Brent futures decreased 0.2%, while US West Texas Intermediate crude futures fell 0.3%. The decline in oil prices is attributed to increased supply flows in global oil markets due to the US pressure on Iraq to resume oil exports from Kurdistan.
Courtesy: theprint.in
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