Brent crude futures rose 1.2% to $82.40 a barrel and West Texas Intermediate (WTI) gained 1.1% to $78.90 in Tuesday’s Asian session as shipping disruptions in the Strait of Hormuz (narrow route for global energy trade) renewed concerns about supply reliability. The waterway between Iran and Oman handles about 20% of global oil consumption, or roughly 20 million barrels of crude and petroleum products a day. Increased naval patrols and temporary tanker rerouting have created a "tollbooth" effect through higher insurance, longer voyages and possible escort costs, even though no major blockage has been reported. The disruption also threatens LNG (liquefied natural gas) flows from Qatar. Higher oil prices could raise transportation, heating and manufacturing costs and complicate central-bank efforts to ease monetary policy. Markets are watching for additional shipping disruptions or diplomatic breakthroughs; historical precedents such as the 2019 tanker attacks saw prices rise for several weeks before retreating, while a full blockade could have a more sustained and significant effect.