Oil prices drop 6% as OPEC+ plans output hike
Edited By WION Video Desk
Published: Apr 04, 2025, 06:15 IST | Updated: Apr 04, 2025, 06:15 IST
Oil prices plunged 6% Thursday, with Brent crude falling to $70.44 a barrel, after OPEC+ accelerated its plan to increase output in May. The move added to losses sparked by President Trump's new tariffs, raising fears of a global trade war.
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