
Oil rises as US issues new sanctions targeting Chinese importers of Iranian oil
U.S. issues new sanctions on Chinese imports of Iranian oil Global trade tensions dominate U.S. crude stocks rose last week, EIA data shows Chinese quarterly GDP growth beats expectations (Updates at 11:43 a.m. EDT, changes byline, dateline, previous LONDON) HOUSTON, April 16 (Reuters) – Oil prices rose more than $1 a barrel on Wednesday after…