According to experts, the sharp drop in oil prices stems from a combination of factors such as: OPEC+ increasing production, additional supply from North and South America; and reduced geopolitical risks in the Middle East following the ceasefire agreement between Israel and Hamas.

In addition, recent statements by US President Donald Trump about the possibility of imposing higher tariffs on Chinese goods are also seen as a factor adding to market instability.
If US-China trade tensions escalate, coupled with a slowdown in energy consumption, oil prices could remain low for the foreseeable future. This would significantly impact the balance of trade and the budgets of many oil-exporting countries.
Source: https://baogialai.com.vn/gia-dau-the-gioi-tiep-tiep-lao-doc-post569160.html






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