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.

Global crude oil prices climbed more than 1% on Friday after US President Donald Trump said he would not remain “much more patient” with Iran, while fears over attacks on ships…

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.