💨 Abstract

Oil prices dropped on Tuesday following four-month highs due to the focus on the impact of new U.S. sanctions on Russian oil exports to India and China. The sanctions aim to restrict the transport of oil by Russian vessels. Analysts anticipate a significant price impact on Russian oil supplies, but the physical market impact may be less pronounced. The U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖