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Oil prices held tight in the international market today, amid US sanctions on Venezuela and Iran. Brent crude oil futures were traded at $69.94 per barrel, up 0.1%. U.S. West Texas Intermediate (WTI) crude futures rose 0.3%, to $61.56 per barrel. Oil prices recovered from the downfall earlier this week, triggered by announcements of the US levying even higher import tariffs on Chinese goods.
