Oil prices rose for a second straight session on Tuesday, with concerns over potential supply disruptions from the Middle East due to the US-Iran conflict outweighing signs of a recovery in crude exports from the region.
US and Iranian officials separately held talks with mediators in a renewed attempt to end the seven-month war, officials from both countries said. Further discussions are widely expected to centre on an amended version of a seven-day proposal Iran presented last week on the sidelines of the United Nations General Assembly.