Oil prices and the dollar climbed as President Trump imposed a blockade on sanctioned tankers entering and exiting Venezuela. Brent crude futures neared $60 a barrel, boosting energy company stocks like BP and Shell. U.S. indexes edged up as Warner Bros. Discovery rejected Paramount’s bid, backing a Netflix deal. The dollar gained against various currencies, while the British pound dropped on slowed U.K. inflation, hinting at a rate cut.

Read more at Yahoo Finance: Dow Inches Higher; Oil Rallies After Trump Pressures Venezuela