💨 Abstract

Oil prices rebounded on Friday due to diminishing prospects of a quick end to the Ukraine war, which could bring back more Russian energy supplies. Brent crude rose 1% to $70.58, while US WTI crude gained 1.1% to $67.28. The trade war between the US and Europe is escalating, with Trump threatening a 200% tariff on wine and cognac.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖