Oil prices fall on signs Middle East crude flows recovering

(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.