Crude oil prices rose to around USD 71.6/barrel on Tuesday, continuing a two-day gain and nearing a one-month high. The rise is fueled by concerns over potential supply disruptions following President Trump’s threats against Russia and Iran. Trump threatened to impose 25%-50% secondary tariffs on buyers of Russian oil and also warned of bombing Iran unless it agrees to renounce its nuclear weapons program. Traders are also bracing for further tariff announcements, raising concerns about their economic impact and potential effects on oil demand.