Brent crude rose as traders focused on limited Strait of Hormuz flows, stalled U.S.-Iran diplomacy, and Trump’s warning that patience with Tehran was running out.

Brent crude rose as traders focused on limited Strait of Hormuz flows, stalled U.S.-Iran diplomacy, and Trump’s warning that patience with Tehran was running out.

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…