Oil prices rebounded on Wednesday following a five-week low, spurred by concerns over potential supply disruptions due to U.S. President Trump’s tariff threats against India for its Russian crude purchases. OPEC+’s planned output hike in September had initially triggered oversupply worries, but the focus shifted to India’s response to U.S. pressure and its impact on global oil flows. U.S.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets