Oil prices rose on Tuesday as tensions remained inflamed in the US after President Trump said the ceasefire agreement between the countries was “on life support,” while the Strait of Hormuz remained essentially closed to traffic, further pressuring global inventories. Futures on Brent crude (BZ=F), the international benchmark, gained 3.6% to trade above just under $108 per barrel, while contracts on US benchmark WTI crude (CL=F) rose an equal 3.6% to trade north of $101.50. Investors spent Tuesday morni ...