Oil soars near 5% as U.S. delays tariffs on some Chinese goods
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NEW YORK (Reuters) - Oil prices on Tuesday jumped by the most so far this year after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummelled the market in recent months. The Chinese products include laptops and cellphones. The tariffs had been scheduled to start next month."The U.S.-China trade war has caused energy demand growth to take a big hit. Any glimmer of hope revives the prospects for a more..