Oil Market Faces Challenges from Sanctions and Tariffs

Reported 1 day ago

Oil prices are projected to fall to the low $60-per-barrel range as oversupply continues to affect the market. Strategist Vikas Dwivedi discusses how geopolitical tensions, tariffs, and sanctions are impacting oil demand and pricing, suggesting that significant reductions in supply from countries like Russia and Iran could drive prices higher, despite the current oversupply situation.

Source: YAHOO

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