US crude oil futures rise over $1 in early Asia trade

March ‌24 (Reuters) - U.S. ​crude ​futures rose more ‌than $1 in early Asia ⁠trade on ‌Tuesday as markets assessed ‌the supply outlook after Iran ​denied holding talks with ⁠the United States, contradicting President ​Donald Trump's earlier claim that discussions ​were under ‌way.

U.S. West Texas Intermediate ⁠crude futures were up $1.37, or ⁠1.6%, at $89.44 a barrel ​as of 2206 GMT. The contract hit ‌a session low of $84.37 on ‌Monday.

(Reporting ⁠by Anmol ‌Choubey ​in Bengaluru; Editing by Chris ‌Reese)

You May Also Be Interested In

• US diesel hits record $6.06 a gallon as Iran war squeezes supply
• Ukraine braces for harsh winter as Russian attacks hit economy
• UK PM's office says position on Irish unity unchanged after Trump comments