💨 Abstract

Oil prices fell on Wednesday due to rising U.S. stockpiles and concerns about a new Sino-U.S. trade war, offsetting President Trump's push to eliminate Iranian crude exports. Prices rebounded after Trump re-imposed tough sanctions on Iran to curtail its nuclear program. However, higher-than-expected U.S. crude inventories weighed on the market. The impact of China's tariffs on U.

Courtesy: theprint.in

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