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Oil climbs more than two percent as tight supplies in focus

Updated : May 31, 2018 08:50 AM IST

India’s Reliance Industries Ltd, owner of the world’s biggest refining complex, plans to halt oil imports from Iran, two sources familiar with the matter said.
Russian central bank issued a statement that a decline in oil prices would pose a risk to the country’s financial sector.
Oil climbs more than two percent as tight supplies in focus
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