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Oil Rises As Hope For Iran Deal Continue To Fizzle

Donald Trump Iran Oil United States

Oil rose again on Tuesday as hopes for a deal to end the war in Iran continue to fizzle.

Oil rose again on Tuesday as hopes for a deal to end the war in Iran continue to fizzle and reports about President Donald Trump considering resuming military operations.

Concretely, Brent crude, the international benchmark, rose by more than 3.5% at 10:10 a.m. ET, clocking in at $107.89. West Texas Intermediate, the U.S. benchmark, again rose above $100, climbing 3.62% at the same time.

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