Oil prices surged as OPEC+ postponed its Dec production hike, pushing Brent to $75.04 & WTI to $71.48. Weak demand from China, the world's largest oil importer, weighs on the market, with China’s Congress expected to announce up to $1.4T in stimulus. A weaker USD ahead of the U.S. elections and escalating Iran-Israel tensions add volatility, with risks to oil infrastructure in focus.

#OPEC #OilPrices #China #USD #USElections #MiddleEast #Iran #Israel #Commodities #Energy #Brent #WTI