SINGAPORE: OilNSE 1.08 % prices hovered near 2019 peaks in early trading on Tuesday after Washington abruptly moved to end all Iran sanctions waivers by May, pressuring importers to stop buying from Tehran.
Brent crude futures were at $74.33 per barrel at 0051 GMT, up 0.4 per cent from their last close and not far off 2019 highs of $74.52 reached on Monday.
US West Texas Intermediate (WTI) crude futures were at $65.79 per barrel, up 0.4 per cent from their previous settlement, and also just a notch below their $65.92 2019 peak from Monday.
