U.S. crude futures climbed to the highest in more than two and a half years after the OPEC+ alliance forecast a tightening global market ahead of a production policy meeting. West Texas Intermediate rose as much as 3% from Friday’s close to $68.31 a barrel. Global benchmark Brent topped $70 earlier Tuesday, a level it has failed to hold for a sustained period since 2019. The oil glut built up during the pandemic has almost gone and stockpiles will slide rapidly in the second half of the year, according to an assessment of the market from an OPEC+ committee. The coalition is expected to ratify a scheduled output increase for July when it meets later Tuesday. A robust recovery in the U.S. and Europe has given OPEC+ the confidence that markets can absorb additional barrels despite the prospect of more supply from Iran should a nuclear deal be revived. […]