Oil futures erased earlier declines after US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, a move that marks a major escalation of tensions between the two countries. West Texas Intermediate traded higher to settle above $58 after earlier dropping as much as 1$62. Most Read from Bloomberg The seizure may make it much more difficult for Venezuela to send its oil overseas, as other shippers are now likely to be more reluctant to load its ca ...