London — Oil prices rebounded slightly on Tuesday from big falls in recent sessions, but Brent crude remained near seven-month lows about $60 a barrel due to escalating trade tensions between China and the US.

Brent prices have lost more than 9% in the past week, with US President Donald Trump vowing to impose new tariffs on Chinese imports, and China making further moves against US agricultural cargoes. The US also responded to a decline in China’s yuan on Monday by branding the country a currency manipulator...

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