Forecasts of lower U.S. crude oil inventories, on top of fears of a lack of supply from Iran and Venezuela, pushed oil prices higher in early Tuesday trading. Crude oil prices rallied early Monday after U.S. Secretary of State Mike Pompeo vowed to tighten the sanctions noose on Iran. Pompeo’s address, the first since he took office, followed a May 8 decision by U.S. President Donald Trump to pull out of the Iranian nuclear deal. The price for Brent crude oil is up 5 percent since Trump’s announcement. Iran is a member of the Organization of Petroleum Exporting Countries and the decision means as much as 1 million barrels of oil per day could […]