WTI crude fell back below $89/bbl, down 2.88% intraday. Brent crude was down more than 2% at $94.45/bbl. Sources say Saudi Arabia is preparing to resume crude exports from Yanbu port later on Tuesday. An Iranian official said Tehran's delegation has been fully authorized to seek restoration of diplomatic contact with the United States in New York.
WTI crude fell back below $89/bbl, down 2.88% intraday. Brent crude was down more than 2% at $94.45/bbl. Sources say Saudi Arabia is preparing to resume crude exports from Yanbu port later on Tuesday. An Iranian official said Tehran's delegation has been fully authorized to seek restoration of diplomatic contact with t