Oil rebounded as fresh clashes between the US and Iran clouded the outlook for an interim deal to reopen the vital Strait of Hormuz.
Abu Dhabi National Oil Co. has been quietly ferrying oil and gas shipments out of the Persian Gulf using its own fleet, apparently clearing both the Iranian navy and US warships to reach energy-starved customers.
Chinese coking coal futures jumped by the daily limit and mining stocks surged after a deadly accident in Shanxi province sparked fears of broader supply disruptions.
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