Oil Steady as US–Iran Tensions Support Prices, Trade War Weighs

Oil Steady as US–Iran Tensions Support Prices, Trade War Weighs
Refineries in Corpus Christi, Texas, on Nov. 8, 2018. Charlotte Cuthbertson/The Epoch Times
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NEW YORK—Oil futures were flat on May 21 as the prospect of U.S.-Iran tensions disrupting supply was offset by concerns that a drawn-out trade war between Washington and Beijing would weigh on crude demand.

Brent crude futures, the international benchmark for oil prices, shed 1 cent to $71.96 a barrel by 1:08 p.m. EDT