Ghana news briefing
Oil edges up on uncertainty over exports through Hormuz
To avoid the Strait of Hormuz, Iraq's cabinet approved mechanisms for exporting Iraqi crude through specialized international and local companies and via multiple export outlets, the government said on Tuesday., crude oil and distillate inventories fell, while gasoline stocks rose last week, market sources said on Tuesday, citing data from the American Petroleum Institute.
President Donald Trump said on Tuesday no talks were taking place with Iran and insisted the Strait of Hormuz was open, contradicting Iran's assertion that the critical waterway remained shut to shipping.
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