President Trump stated he directed negotiators to seek compensation from Iran for attacks including the 2000 USS Cole bombing and for damages in multiple countries. Tehran conditioned reopening of the Strait of Hormuz on the lifting of sanctions and release of frozen assets. Brent crude reached approximately $89.80 per barrel and WTI $84.20 per barrel on Tuesday, both up 2.5 percent, while US Treasury yields rose across the curve.