Oil falls on increased Gulf supply and hopes for US-Iran talks

By Helen ClarkOil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea and on hopes for a diplomatic solution to the US-Iran war through talks at the UN in New York.Brent crude futures ICEEUR:BRN1! fell 7 cents, or 0.07%, to $99.18 a b…