October Brent oil futures were at $84.93, up by 1.38%, and September crude oil futures on WTI (West Texas Intermediate) were at $81.13, up by 0.98%

At 9.28 am on Monday, October Brent oil futures were at $83.49, down 5.05%, and September crude oil futures on WTI were at $79.70, down 5.85%

Oil prices rose on Tuesday (Aug 4) as a diplomatic resolution to the US-Iran conflict remained uncertain, while disruptions to oil flows through key shipping routes persisted.…