💨 Abstract

oil prices rebounded on Tuesday after a U.S. official announced that President Trump plans to reimpose "maximum pressure" on Iran to drive down Iranian oil exports to zero. This move counterbalanced the weakness caused by the ongoing tariff drama between Washington and Beijing. The U.S. West Texas Intermediate (WTI) crude was trading down 0.6%, while Brent crude rose 0.24%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖