* Crude oil gained reflecting concerns about Iranian crude supplies as the U.S. hit Tehran with new sanctions, halting Wednesday's declines.
* China's crude imports recovered slightly in July after two months of decline, but were still among the lowest this year due to a drop-off in demand.
* China took 8.48 million barrels per day (bpd) last month, up from 8.18 million bpd a year earlier and June's 8.36 million bpd, customs data showed.
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