Reported about 6 hours ago
Oil prices fell due to worries over U.S. import tariffs affecting global economic growth and fuel demand, alongside rising output from OPEC+ producers. Brent crude dropped to $70.11 a barrel, while U.S. West Texas Intermediate crude decreased to $66.76. These declines come amid heightened investor apprehension about trade tariffs and potential sanctions on Russia and Iran, affecting overall market sentiment.
Source: YAHOO