Oil prices saw a slight increase on Wednesday. This followed a rise of over 3% previously. Donald Trump gave Russia a deadline to end the war in Ukraine. He threatened tariffs. These tariffs could disrupt Russian oil exports. The US and EU averted a trade war. Talks are ongoing regarding Venezuela’s oil production. These factors are influencing the oil market.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK