Oil fell for a second day as investors weighed the possibility that Iran may revive exports after a build in U.S. crude inventories. West Texas Intermediate pared some earlier declines, but was still down for a second session. Iran and the European Union agreed Wednesday to restart negotiations on reviving the 2015 nuclear accord, with a precise date for talks to be announced in the next week. At present, Iranian crude exports are subject to U.S. sanctions and a deal could eventually clear the way for their revival. The news followed a growth in U.S. crude inventories of 4.27 million barrels last week, according to Energy Information Administration data, although they slumped again at the key storage hub in Cushing, Oklahoma, the delivery point for WTI futures. Oil remains on track for a second monthly gain after hitting a seven-year high above $85 a barrel on Monday. Prices have […]