Donald Trump's New Announcement With China Sparks Oil Price Jump

Photo Credit: Brendan SMIALOWSKI / AFP via Getty Images Oil prices climbed on Friday after Donald Trump said China had agreed to purchase more crude oil from the United States following talks with President Xi Jinping. The announcement added to market concerns over supply disruptions linked to the ongoing Iran war and uncertainty surrounding the Strait of Hormuz. Oil prices jump after Donald Trump says China will buy US crude Brent crude futures for July climbed 1.49% to $107.30 a barrel, while U.S. West Texas Intermediate crude futures for June rose 1.55% to $102.74 per barrel. The . . .