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(Reuters) – Oil prices declined on Tuesday as investors focused on signs of recovering crude exports from the Middle East and concerns over potential supply disruptions in the region stemming from the US-Israeli war on Iran.
Brent crude futures were down $1.38, or 1.3%, to $103.88 a barrel at 1:03 p.m. ET (1703 GMT). US West Texas Intermediate crude was down $2.04 or 2.16% at $90.58.
Brent and WTI are headed for monthly gains of around 15% and 5.7%, respectively.
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