Oil prices fell on Tuesday as talks between the U.S. and Iran continue. Other reports have detailed separate conversations among gulf countries about management of the Strait of Hormuz, adding to the downward pressure.
Brent crude, the international benchmark, fell 2.12% and clocked in at $84.05 per barrel at 8:44 a.m. ET, while West Texas Intermediate, the U.S. benchmark, dropped 1.71% and stood at $81.20 at the same time.
