Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ceasefire with Iran is on "life support"

Global oil prices jumped after Donald Trump rejected a Iranian counter-offer to a 14-point U.S. plan to end the war as "totally unacceptable."

Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ceasefire with Iran is on "life support"

Crude oil prices rose as fading U.S.-Iran peace hopes, tighter OPEC supply, and rising fuel costs deepened market anxiety.