Oil eases as traders weigh supply risks amid US-Iran tensions


OIL prices edged down on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions between Washington and Tehran.

Brent crude oil futures were down 16 cents, or 0.23%, at $68.88 a barrel by 0800 GMT. U.S. West Texas Intermediate crude fell 20 cents, or 0.31%, to $64.16.

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