Reuters | Oil dips as trade wars weigh, but looming Iran sanctions prevent bigger fall Reuters SINGAPORE (Reuters) - Oil prices dipped on Friday on concerns that the trade war between the United States and China could intensify, although looming U.S. sanctions against Iran's oil exports and falling Venezuelan output prevented bigger falls. Oil dips on Sino-US trade conflict, but looming Iran sanctions support Oil Rallies On Flurry Of Bullish News Oil prices dip on concerns Sino- US trade conflict could escalate |