💨 Abstract

If Donald Trump returns as U.S. President, he may enforce oil sanctions against Iran more rigorously, potentially reducing global supplies and boosting oil prices. However, this could also provoke China, Iran's largest oil customer, leading to geopolitical risks. Trump's other policies, such as expanding domestic drilling, imposing tariffs on China, and easing sanctions on Russia's energy industry, could offset these effects.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖