Kuwait city: Oil prices rose in early Asian trade on Tuesday as supply concerns persisted amid fragile negotiations aimed at ending the conflict between the United States and Iran. Brent crude futures climbed 30 cents, or 0.29 percent, to $104.51 per barrel, while US West Texas Intermediate (WTI) crude gained 31 cents, or 0.32 percent, to $98.38. Both benchmarks increased nearly 2.8 percent on Monday.

According to Qatar News Agency, the ongoing geopolitical tensions between the United States and Iran have continued to exert pressure on oil markets. The uncertainty surrounding negotiations has raised concerns over potential disruptions in oil supply, contributing to the rise in prices. The market remains sensitive to any developments in the talks, as any resolution could significantly impact global oil supplies and prices.