Oil soars near 5% on easing U.S.-China trade tensions
August 13, 2019
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August 13, 2019

Oil soars near 5% as U.S. delays tariffs on some Chinese goods

Oil prices on Tuesday jumped by the most so far this year after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled the market in recent months.

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