💨 Abstract

Oil prices were stable on Tuesday, following a boost on Monday due to fresh U.S. sanctions on Iran, which raised concerns over tightening supply. Global refining margins remained strong, but gains were capped by uncertainties in demand outlook, particularly in China. President Trump reiterated tariffs against Canada and Mexico, which could potentially dampen global oil demand growth.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖