Oil prices pushed higher on Tuesday afternoon, with traders weighing a familiar but combustible mix of Middle East risk and Washington-driven policy uncertainty. As of 2:34 p.m. ET, U.S. benchmark WTI crude was trading around $61.10 per barrel, up roughly 2.7% on the day, while Brent crude climbed to about $65.41, gaining just over 2.4%. The gains capped a steady intraday grind higher rather than a knee-jerk spike, suggesting the market is responding to a cluster of risks rather than one clear catalyst. On one side of the oil price ledger is geopolitics.…

Oil prices pushed higher on Tuesday afternoon, with traders weighing a familiar but combustible mix of Middle East risk and Washington-driven policy uncertainty. As of 2:34 p.m. ET, U.S. benchmark WTI crude was trading around $61.10 per barrel, up roughly 2.7% on the day, while Brent crude climbed to about $65.41, gaining just over 2.4%. The gains capped a steady intraday grind higher rather than a knee-jerk spike, suggesting the market is responding to a cluster of risks rather than one clear catalyst. On one side of the oil price ledger is geopolitics.…

Oil prices pushed higher on Tuesday afternoon, with traders weighing a familiar but combustible mix of Middle East risk and Washington-driven policy uncertainty. As of 2:34 p.m. ET, U.S. benchmark WTI crude was trading around $61.10 per barrel, up roughly 2.7% on the day, while Brent crude climbed to about $65.41, gaining just over 2.4%. The gains capped a steady intraday grind higher rather than a knee-jerk spike, suggesting the market is responding to a cluster of risks rather than one clear catalyst. On one side of the oil price ledger is geopolitics.…