💨 Abstract

Oil prices stabilized on Wednesday as investors weighed the potential impact of U.S. tariffs on Canadian and Mexican imports. The tariffs, planned by President Trump, could disrupt U.S. energy imports from these countries. The decision came amid concerns over energy demand due to the rise in interest in a low-cost AI model from Chinese startup DeepSeek, which could increase energy consumption in data centers.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖