💨 Abstract

On Tuesday, oil prices remained steady as traders considered the impact of increased U.S. tariffs on steel and aluminum imports, which could potentially weaken global economic and energy demand, particularly in the world's largest oil consumer. Brent crude futures rose slightly, while West Texas Intermediate crude also saw a small increase. The tariffs, which will affect imports from countries like Canada, Brazil, Mexico, South Korea, could lead to a trade war.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖