Singapore, March 24 (QNA) - Oil prices rose in early trading Tuesday on supply concerns.

Brent futures rose $1.06, or 1.1%, to $101 a barrel, while US ‌West Texas Intermediate (WTI) climbed $1.58, ⁠or 1.8%, ⁠to $89.71.

The military escalation in the Middle East has brought traffic through the Strait of Hormuz, which carries approximately 20% of the world's oil and liquefied natural gas supplies, to a near standstill. (QNA)