Brent crude futures settled at US$83.74 per barrel on Tuesday after rising 0.6 percent, following a three-month low close on Monday. President Trump announced a memorandum of understanding to end the US-Iran conflict on Monday; the accord does not constitute a final nuclear agreement. Asian equity indexes showed mixed results with the MSCI ex-Japan index up 0.2 percent and the Nikkei 225 down 0.2 percent.