CRUDE WRAP: WTI (N6) SETTLES USD 2.71 LOWER AT USD 93.89/BBL; BRENT (Q6) SETTLES USD 3.25 HIGHER AT 96.67

Oil prices were mixed (WTI didn't have a settlement price yesterday, due to market holidays), amid limited progress on the US-Iran front; Fars reported today that the last major disagreement between both sides over starting negotiations relates to the method of access to Iran’s blocked resources. As it stands, US senior Officials have said no funds will be released until enriched uranium is handed over. Tuesday trade saw oil come off Monday's lows in response to US forces conducting self-defence strikes in southern Iran on Monday. In response,  Iran's Foreign Ministry says the US has violated the ceasefire in the Hormozgan area, adding that Iran will respond, stoking crude prices higher. Focus continues to be on any updates/orders from the Iranian Supreme Leader and updates on which side is willing to move first to enact the agreement, an obstacle that has seen no progress as of yet. WTI and Brent traded between 89.41-94.70/bbl and 94.36-97.81/bbl, respectively.