MCX crude oil February futures rose ₹10 to ₹6623 per barrel on Tuesday, rebounding after a 1.59% drop in the previous session. Meanwhile, WTI crude fell to $76 as markets reacted to U.S. President Donald Trump's executive orders, including a plan for 25% tariffs on Canadian and Mexican imports starting February 1. The uncertainty over potential sanctions on major exporters like Russia and Iran weighed on sentiment. A weaker dollar, with the index at 108, limited oil's losses, while geopolitical tensions eased with a ceasefire between Israel and Hamas.

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