Oil prices remain stable amid us-iran tensions: Oil prices held steady at their highest levels in more than a week on Tuesday, amid fading hopes of a deal between the US and Iran to end their war and reopen the Strait of Hormuz.
According to Qatar News Agency, Brent crude futures settled at $87.81 a barrel, while US West Texas Intermediate (WTI) crude futures settled at $82.20 a barrel. Both benchmarks rose more than 5% on Monday to their highest levels since July 31.