Oil slumped the most in two weeks alongside a broader market rout as a resurgent virus in some of the world’s top oil importers highlighted the uneven road to recovery. West Texas Intermediate fell 1.5% to the lowest in a week as S&P 500 Index headed for its first back-to-back decline since late March. The rampant virus spread in countries such as India is casting a shadow on optimism over the global economic rebound. Annual crude imports in the Asian country fell for the first fiscal year since the late 1990s with refiners cutting run-rates. “We’ve seen risk appetite reverse,” said Bart Melek, head of commodity strategy at TD Securities. “Variants are wreaking havoc on some economies, and it’s uncertain how the whole demand picture will evolve.” The Bloomberg Dollar Spot Index was set to snap a six-day streak of […]