As OPEC+ gets ready for its next meeting to discuss easing its oil output restrictions, both the WTI and Brent benchmarks were trading down nearly 2% on Monday as a cross-section of health experts warned that the new Delta variant of the coronavirus could cause "dense" outbreaks in U.S. states with low vaccination rates. Fears over the spread of the highly infectious Delta variant are causing jitters at a time when the markets are on edge after the Fed jolted traders with a hawkish tilt earlier this month. In Europe, Portugal, Spain, and Germany…
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