Crude oil rose to around $103.5 a barrel on Tuesday, its highest level in four months, extending the previous session’s 1.3% gain as traders assessed disruptions to Middle Eastern supplies. Saudi Arabia’s East-West pipeline remains offline after attacks last week, removing an important alternative route for moving crude around the Strait of Hormuz. Saudi Aramco has not provided a restart timeline, while Riyadh is seeking to increase shipments through the strait to offset the disruption. Geopolitical uncertainty also weighed on the outlook: Iran said it would not negotiate with Washington until its conditions are met, despite US President Donald Trump suggesting Tehran was eager to reach a deal. Conflicting statements from Trump and Ukrainian President Volodymyr Zelenskyy further clouded prospects for a halt to attacks on energy infrastructure.