Oil Prices Plunge: Peace Talks, Supply Glut, and Trade Fears

Oil prices plummet as Trump-Putin talks spark fears of a Russian export surge! Is a massive supply glut on the horizon? The IEA slashed demand forecasts, and rising US crude inventories add fuel to the fire. Plus, renewed US-China trade tensions threaten global economic growth, casting a shadow over the future of oil. Find out how these factors are driving prices down and what it means for the market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.