💨 Abstract
Oil prices dropped on Tuesday due to concerns over a potential US recession, global growth impact from tariffs, and OPEC+ planning to increase supply. Trump's protectionist policies and economic uncertainty are causing market turbulence, with stocks also declining sharply. US oil inventories are expected to have risen last week, while OPEC+ will monitor US policies on Iran and Venezuela.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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