Oil Dips As Iran Nuclear Talks Resume At Crucial Final Stage

Oil prices fell by 2% early on Tuesday as talks for bringing Iran and the United States back to the so-called Iranian nuclear deal entered a crucial final stage in Vienna amid signs that progress may have been made. As of 10:32 a.m. EST, WTI Crude had dropped below the $90 a barrel mark and traded at $89.58, down by 1.91% on the day. Brent Crude had eased from the seven-year high of $93 and was down 1.88% at $90.93, just as diplomats from Iran and the countries still in the Joint Comprehensive Plan of Action (JCPOA) resumed talks on Tuesday to…