Brent and WTI ease from sevenyear high
Indirect U.S.Iran talks to resume on Tuesday
Macron says Putin meeting helped to calm Ukraine situation
Coming up API supply report, 2130 GMT

LONDON, Feb 8 Reuters Oil slipped to about 91 a barrel on Tuesday before a resumption of indirect talks between the United States and Iran, which could revive an international nuclear agreement and allow more oil exports from the OPEC producer.

A deal could return more than 1 million barrels per day bpd of Iranian oil, equating to more than 1 of global supply, to the market. The nuclear talks are due to resume in Vienna on Tuesday.

Brent crude was down 1.45, or 1.6, at 91.24 a barrel by 1430 GMT after hitting a sevenyear high of 94 on Monday. U.S. West Texas Intermediate crude fell by 1.09, or 1.2, to 90.23.

If sanctions against Iran are lifted, global crude oil supply may receive muchneeded support, said Naeem Aslam, chief market analyst at Avatrade.

Eight rounds of indirect talks between Tehran and Washington since April have yet to result in an agreement on a resumption of the 2015 nuclear pact, with differences remaining over the speed and scope of the lifting of sanctions.

Exports could resume swiftly if a nuclear deal is reached, said Tamas Varga of broker PVM. But it is a big 39;if39;. The reemergence of Iranian barrels is only a possibility at this stage.

Oil has found support this year from rising global demand, RussiaUkraine tensions, supply disruptions in producers…