Python has two types of loop statements:
For loop: Used when the number of iterations is known before the loop starts.
While loop: Repeats as long as a certain condition is true.

Here are some examples of when you might use each loop:

For loop:
Iterate over a list of items
Perform a set number of iterations

While loop:
Iterate until a condition is met
Perform an unknown number of iterations

You can also use nested loops, which are loops that are placed inside of other loops. Nested loops can be useful for performing complex tasks.