Mumbai, Aug. 4 -- Crude oil prices rebounded on Tuesday after the previous session's sharp selloff, as lingering concerns over supply disruptions from the US-Iran conflict kept markets on edge. WTI crude rose 0.2% to $80.63 per barrel, recovering from a more than 5% drop, while Brent futures gained over 1% to $84.65 after plunging 7% to a three-week low in the previous session. Investors remained cautious despite ongoing diplomatic efforts and turned their attention to the latest US JOLTS job openings and trade data for clues on economic strength. On the MCX, August crude oil futures climbed nearly 1% to Rs.7,715 per barrel, after hitting the lower circuit yesterday.
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