Oil is climbing on Tuesday even though a top Pakistani official voiced optimism over a deal between the U.S. and Iran.
Brent crude, the international benchmark, rose over 1% at 1:04 p.m. ET and clocked in at $88.62 per barrel, while West Texas Intermediate, the U.S. benchmark, rose 1.24% at the same time and stood at $83.15 a barrel.