Oil stabilized on Monday, giving traders a brief respite from the rapid slump driven by fears that increasingly aggressive U.S. trade policy could trigger an economic slowdown. Futures in New York rose 0.7%. While there was no repeat of the 5.5% slump seen on Friday, the trade war still loomed over markets as China blamed the U.S. for the collapse in trade talks and said it won’t be pressured into concessions. Saudi Energy Minister Khalid Al-Falih called recent volatility ``unwarranted'' and reiterated his confidence that OPEC+ will keep taking action to stabilize the market beyond June. Th...