Oil rises after Trump says he is losing patience with Iran

NEW DELHI: Oil ​prices gained more than 1 percent after President Donald Trump said he would not be much more patient with Iran and as concerns persisted over ship attacks and seizures despite Tehran saying about 30 vessels had passed through the Strait of Hormuz. Brent crude oil futures rose $1.32, or 1.25 percent, to $107.04 a barrel by 7:25 a.m. Saudi time, while US West Texas Intermediate futures were up $1.33, or 1.31 percent, to $102.50.

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