India, July 9 -- Oil extended gains on Wednesday despite signs of swelling U.S. crude stockpiles and concerns around U.S. President Donald Trump's tariff policy.
Benchmark Brent crude futures for September delivery were up 0.7 percent at $70.66 a barrel in European trade after a two-day gain.
WTI crude futures for August delivery rose by 0.8 percent to $68.87.
Renewed Red Sea attacks offered some support as industry data showed a sharp rise in U.S. crude inventories.
At least four crew members were killed and two injured after sea drones and rocket-propelled grenades struck the Eternity C, a Liberian-flagged, Israel-bound cargo ship, reported Times of Israel.
Following the assault, the vessel was left adrift in the Red Sea, listing to ...