Oil Climbs as Trump Maintains Iran Pressure, US Stockpiles Fall
Oil edged higher as President Donald Trump said his maximum pressure campaign on Iranian oil will continue, while a government report showed another large decline in American crude stockpiles.
West Texas Intermediate futures rose above $65 a barrel after climbing 0.9% in the previous session. Brent closed near $68. Trump said he's 'not giving up' on the strategy targeting Tehran's petrodollars, after his comments that appeared to undermine the plan. The president also flagged talks with Iran next week.
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