Oil prices recovered modestly after a sharp previous-session selloff as improving Middle East export flows eased some supply concerns. At 21:18 ET (01:18 GMT), November Brent crude futures rose 0.6% to $103.16 a barrel, while West Texas Intermediate (WTI) futures gained 0.1% to $89.46. Brent had fallen 2.6% on Tuesday and WTI dropped 3.5%. Saudi Arabia resumed crude loadings at its Red Sea port of Yanbu after restarting the East-West Pipeline, offering an alternative route around the Strait of Hormuz. The pipeline was restored to at least 3.5 million barrels per day, about half its capacity, while shipping data showed nearly 10 million barrels loaded at Yanbu and nearby Al Muajjiz. The recovery reduced some immediate supply risk, but disruption around the Strait of Hormuz remains unresolved amid the U.S.-Israeli war with Iran and stalled diplomatic efforts. Qatar is mediating between Washington and Tehran over an agreement that could involve reopening the waterway and easing some U.S. pressure on Iran. President Donald Trump rejected reports that Washington had offered Tehran sanctions relief, while Iran continued to seek conditions tied to reopening the route. The United States has also offered to loan as much as 40 million barrels from its Strategic Petroleum Reserve as part of an international effort to ease supply disruptions. Despite Tuesday's decline, Brent remained on course for a monthly gain of roughly 15%.