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Bloomberg Quint

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Image Credit: Bloomberg Quint

Oil Rises A Second Day After US Cracks Down On Iranian Supply

  • Oil rose for a second day after the US vowed to reduce Iran’s energy exports to zero.
  • Brent crude climbed above $66 a barrel after advancing almost 2% on Wednesday.
  • The US Treasury Department sanctioned a Chinese refinery accused of handling Iranian crude.
  • Iran warned that nuclear talks with Washington may fall apart if the Trump administration 'moves the goalposts'.

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