Oil climbs 5% as US delays some Chinese tariffs

Tariffs on goods such as laptops and cellphones initially scheduled to start next month

Oil price: Brent futures rose $2.73, or 4.7%, to settle at $61.30 a barrel — Oil price: Brent futures rose $2.73, or 4.7%, to settle at $61.30 a barrelPhoto: REUTERS/SCANPIX

Reuters

Published 13 August 2019, 23:07Updated 13 August 2019, 23:07

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