Oil prices rose in early Asian trading as market stabilizers appeared to weaken amid higher Chinese crude imports, uncertainty over Strait of Hormuz flows and limited prospects for new non-OPEC+ supply outside the Middle East before 2027. Commonwealth Bank of Australia strategist Vivek Dhar said it remains difficult to predict when flows through the Strait of Hormuz, which typically carries one-fifth of the world’s oil, will materially recover while U.S.-Iran tensions remain elevated. CBA’s estimate that global markets hold five to 11 weeks of oil and refined-product stockpiles is becoming more likely, Dhar said. Front-month WTI crude-oil futures rose 1.3% to $102.69 a barrel, while front-month Brent gained 1.3% to $107.01 a barrel.