While the US heads "closer and closer" to a trade deal with China, oil price is at an 18-month high due to the upcoming expiry of Iranian waivers added on top of geopolitics coming from Venezuela and Libya.

<p>While the US heads "closer and closer" to a trade deal with China, oil price is at an 18-month high due to the upcoming expiry of Iranian waivers added on top of geopolitics coming from Venezuela and Libya.</p>

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