Oil retreats as US and China growth concerns weigh

LONDON (Reuters) -Oil slipped on Monday, weighed down by Moody's downgrade of the U.S. sovereign credit rating and official data that showed slowing growth in China's industrial output and retail sales. U.S. special envoy Steve Witkoff said on Sunday that any deal must include an agreement not to enrich uranium, a comment that swiftly drew criticism from Tehran.

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China's economy slows in April as trade war blues hit retail sales, housing and investment