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Crude oil climbs more than $1.60 a barrel on tariff cuts, economic outlook

FILE PHOTO: Immigration inspection officers check a tanker carrying imported crude oil at the port in Qingdao

FILE PHOTO: Immigration inspection officers in protective suits check a tanker carrying imported crude oil at the port in Qingdao, Shandong province, China May 9, 2022. China Daily via REUTERS./File Photo

By Erwin Seba

HOUSTON (Reuters) - Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a better-than-expected inflation report.





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